Monopsony means a product market with single buyer

One theory of advertising suggests that

a. advertising is more effective for industrial products than consumer products. b. the content of advertising may be irrelevant to product success in the market. c. regulations limiting advertising benefit consumers, but not producers. d. television advertising is more effective in reducing competition than ads on websites.

In 1995, the United States threatened to impose 100 percent tariffs on ________ from ________ if it didn't loosen its protectionist policies.

A. luxury cars; Japan B. auto parts; Japan C. brandies; France D. light trucks; Germany