Harmonization of standards refers to
A) the elimination of tariffs and quotas by trading partners.
B) common product safety, environment, labor, and fair competition standards agreed upon by trading partners.
C) the acceptance or keeping of a trading partner's standards as valid and sufficient by another trading partner.
D) separate standards held by different trading partners which other partners refuse to recognize.
E) All of the above.
B
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A) $0.75 B) $0.80 C) $1.25 D) $2.00
Which of the following is an instrument of monetary policy?
A) The interest rate on three-month Treasury bills B) The mortgage interest rate C) The discount rate D) The budget deficit