Which of the following represents the most extreme step a country could take in trying to eliminate trade with another country?
A) bank holiday.
B) embargo.
C) foreign restriction.
D) nontariff barrier.
E) tariff.
B
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When GDP falls for six months, this is termed
a. a depression. b. inflation. c. a recession. d. deflation.
The evolution of the American presidency
a. was expected by the Framers as the responsibilities facing the government increased. b. has occurred through delegation on domestic policies, but the expansion of responsibility on foreign affairs reflects the limited and general language on foreign affairs in the Constitution. c. reflects the strong command authority the Framers thought was needed to solve collective action problems. d. would meet the hopes of the Framers because their ideal president was someone who could solve collective action problems by minimizing transaction costs.