Suppose a country's net exports equal 0. If the volume of imports increases without any change in the volume of exports, the country will experience a ________
A) trade deficit B) budget deficit C) trade surplus D) budget surplus
A
Economics
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The Clayton Act of 1914 prohibits ________ if it substantially lessens competition or creates a monopoly
A) people from serving on the board of directors of competing firms B) contracts that force other goods to be bought from the same firm C) both of the above D) neither of the above
Economics
An association of producers in an industry that agree to set common prices and output quotas to prevent competition is
A) a tariff. B) a patent. C) economies of scale. D) a cartel.
Economics