Some argue that tariffs always hurt the imposing country's economic welfare, and are typically designed to shift resources from one sector to another, protected or preferred one, within an economy. Find and discuss a counter example to this argument

If there is a temporary increase in the money supply in the Eurozone, ceteris paribus, what is the result for the United States?

a. The money supply in the United States must decrease by the same proportion. b. The U.S. dollar nominal interest rate will increase, as the euro rate is unchanged. c. Long-run expectations shift to expect a stronger euro. d. The dollar appreciates against the euro.

Community-wide poverty:

A. only creates problems in less wealthy countries. B. creates problems beyond those faced by poor individuals living in wealthier communities. C. is nonexistent in the developed world. D. None of these is true.