Quotas that entirely eliminate trade in a certain product or a number of products are known as

As market integration and symmetry between the nations' economies rise, the:

A) net benefits of a currency union fall. B) OCA becomes less desirable for each nation. C) political costs of a currency union rise. D) net benefits of a currency union rise.

Most t-shirts bought by Americans are made in Asia. As a result of free trade, the production of t-shirts in America

A) has increased. B) has stayed the same. C) has decreased. D) has been taken over by the government. E) might change, but more information about what else the United States imports is needed to determine if U.S. production increased, decreased, or did not change.