One economic truism is that any nation's restriction of imports will ultimately lead to

A) an increase in exports.
B) a reduction in exports.
C) an economic upswing.
D) an increase in GDP.

B

Economics

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All of the following encourage increases in technological progress EXCEPT

A) closed economies. B) larger markets through free trade. C) the possibility of monopoly profits. D) the ability to patent a new invention.

Economics

Which of the following have been suggested as sources of economic profit?

a. exercise of monopoly power by firms b. accepting a large degree of risk c. successful innovation d. All of the above are correct.

Economics