Nations specialize in production and engage in international trade in order to
A. protect domestic consumers and producers.
B. improve transportation.
C. increase employment.
D. increase consumption and income.
Answer: D
Economics
You might also like to view...
If the government begins to run a larger budget deficits, then assuming there is no Ricardo-Barro effect, the demand for loanable funds ________ and the real interest rate ________
A) decreases; falls B) decreases; rises C) increases; rises D) increases; falls
Economics
Everything else held constant, a decrease in the required reserve ratio on checkable deposits will mean
A) a decrease in the money supply. B) an increase in the money supply. C) a decrease in checkable deposits. D) an increase in discount loans.
Economics