It is inappropriate and ultimately foolish to respond to the disruptions of international trade by trying to restrict trade through __________ decisions.

The economic costs of forming a currency union will be lower whenever:

A) labor market integration is lower. B) labor market integration is higher. C) labor markets are not integrated. D) wage rigidities are present.

Refer to Figure 13.2. If Oliver's political views place him at the L4 position and George's political views place him at the C4 position, the winner of the election will be

A) Oliver Cousins. B) George Glass. C) The vote will end in a tie. D) It is uncertain who will win this election.