A country that currently does not trade with other countries could benefit by

a. restricting imports and promoting exports.
b. promoting imports and restricting exports.
c. restricting both imports and exports.
d. not restricting trade.

d

Economics

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Marginal analysis refers to the

A. comparison of benefits and costs of choosing a little more or a little less of a good. B. calculation of opportunity costs of an economic activity. C. study of trade relations based on absolute cost differences. D. relationship between the cause and effect of an economic event.

Economics

The business cycle is actually a continuous series of different

What will be an ideal response?

Economics