An international organization that buys and sells a commodity to maintain its price is a
a. buffer stock
b. common fund
c. commodity stabilization fund
d. customs union
e. all of the above
C
Economics
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When a tariff supporter argues that foreign producers are selling their products for prices below the costs of production, which of the following is being used?
A) Save domestic jobs argument B) National security argument C) Dumping argument D) Infant-industry argument E) Diversity and stability argument
Economics
As distinct from reductions in the price level, reductions in the rate of inflation are referred to as:
A. dollar depreciation. B. stagflation. C. deflation. D. disinflation.
Economics