Imposing trade barriers does all of the following except
A) lowers incomes. B) invites retaliation from foreign governments.
C) lowers domestic prices. D) reduces economic efficiency.
C
Economics
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If an individual uses money from a demand deposit account to purchase a U.S. savings bond
A) M1 decreases and M2 stays the same. B) M1 stays the same and M2 increases. C) M1 stays the same and M2 stays the same. D) M1 decreases and M2 decreases.
Economics
If the real GDP of a country in 2011 was 300 billion, its price index was 108.3, and its population was 150 billion, then real GDP per capita for that year was: a. 0.5 billion
b. 1 billion. c. 8.3 billion. d. 258.3 billion. e. 2 billion.
Economics