In the figure above, the value on the y-axis decreases as we move from

In order for a price ceiling to have an effect on the market, must it be set above or below the equilibrium price? Why?

What will be an ideal response?

Disagreements about whether the U.S. government should regulate international trade

A) date back to the beginning of the country. B) began during the Great Depression. C) did not occur until the end of the Mexican War in 1848. D) began after World War I when government officials no longer believed in isolationism.