Which of the following is a process that provides a mechanism for the people to circumvent the legislature?

Which of the following statements is NOT true regarding trade policy?

a. The U.S. trade deficit is at an all-time low because of free-trade policies. b. Current U.S. trade policy leans more toward free trade than protectionism. c. Labor supports protectionist trade policies. d. Alexander Hamilton was a strong proponent of protectionist trade policies. e. The World Trade Organization (WTO) supports free-trade policies.

Monetary policies are largely determined by which of the following groups?

A. Presidents B. Federal Reserve Board C. Congress D. Congressional Budget Office E. Treasury Department