The Embargo Act (1807):
a. partially opened up trade with some specific prohibitions.
b. successfully forced England and France to ease their harassment of neutral ships.
c. reduced U.S. imports, but increased U.S. exports.
d. remained in effect until after the Civil War.
e. None of the above are correct.
a. encouraged capital to flow into the manufacturing sector.
You might also like to view...
Which of the following is included in the consumption component of GDP?
a. household purchases of appliances. b. household purchases of medical care. c. household purchases of food. d. All of the above are included in the consumption component of GDP.
If the demand curve for a firm is downward-sloping, its marginal revenue curve
A) will lie above the demand curve. B) will lie below the demand curve. C) is the same as the demand curve. D) is horizontal.