If increased regulation and new regulations increase the cost to businesses,
a. larger business are forced to start operations overseas.
b. the cost is equally shared by small and large businesses.
c. small businesses find it harder to compete.
d. larger businesses begin to only hire part-time workers.
C
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Which of the following is NOT an example of the liberal understanding of the causes of the human condition?
a) An increase in unemployment leads to higher crime rates. b) Drug addiction is shown to be in large part a function of the disintegrating economies of inner cities. c) Abusive adults are known to have been disproportionately the victims of abuse themselves. d) People who commit robberies have an excessive need for immediate gratification and are lazy.
At the core of the European Union is a unified set of tariffs with regard to goods coming in from outside the free trade area. This is called a __________.
A. preferential trade area B. monetary union C. customs union D. unified currency