Examples of Mises' "Planned Chaos"
a. 1970s oil price & allocation regulation
b. the planned Soviet economy
c. the financial crisis of 2006
d. both a and b
e. all of the above
D
Economics
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A tariff is a tax on
A) all exported goods imposed by the WTO. B) imported goods. C) shipping containers. D) foreign exchange transactions.
Economics
When external scale economies exist in an industry, new trade opportunities will cause consumers
A. in the exporting country to gain but consumers in the importing country to lose. B. in both the exporting and importing countries to gain. C. in both the importing and exporting countries to lose. D. in the importing country to gain but the consumers in the exporting country to lose.
Economics