The pitfalls of a strict money supply rule can be avoided if the Fed:

The rise in European protectionism helped the U.S. economy by increasing foreign demand for agricultural goods

Indicate whether the statement is true or false

Which of the following is NOT a true statement?

A) Trade barriers are usually a good way of protecting jobs. B) There have been significant reductions in trade barriers over the last 60 years. C) Economists generally favor further reductions in trade barriers. D) There are diminishing returns to trade negotiations.