The four criteria that are frequently used in judging the outcome of economic policy are
A. efficiency, equality, stability, and economic growth.
B. efficiency, equity, stability, and economic growth.
C. efficiency, equality, profitability, and stability.
D. efficiency, equity, profitability, and stability.
Answer: B
Economics
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According to this Application, the United States was found to have violated international trade laws by imposing excessive ________ on Chinese ________ of goods such as solar panels
A) quotas; imports B) quotas; exports C) tariffs; imports D) tariffs; exports
Economics
Which of the following theorems predicts that trade benefits the abundant factors of a country and harms the scarce factors?
A) The Stolper-Samuelson theorem. B) The Rybczynski theorem. C) The Heckscher-Ohlin theorem. D) None of the above.
Economics