Barriers to trade
A) include government policies such as tariffs and quotas.
B) have been falling with technological improvements in transportation and communication.
C) have risen since World War II as many countries have imposed higher tariffs.
D) Two of the above are true.
D
Economics
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According to the Quantity Theory of Money, the excessive printing of currency (the issuance of greenbacks and national bank notes) generated the post-Civil War increases in
(a) productivity. (b) prices. (c) production. (d) rising real wages and incomes for all individuals.
Economics
Game theory would classify a cartel under the topic of
A) zero-sum games. B) cooperative games. C) noncooperative games. D) dominant-strategy games.
Economics