A disadvantage of protection from import competition is the added cost of continuing to produce a good domestically that could be supplied more efficiently by an international supplier

Indicate whether the statement is true or false

TRUE

Business

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The government financing program under which approved applicants are required to apply for life insurance is:

a. Cal Vet b. FHA c. VA d. All of the above

Business

Which statement regarding gift giving in the United States is incorrect?

a. Business gifts to an office are intended for the manager to be taken home to share with his or her family. b. The best rule to follow when giving a business gift in the United States is to limit the price to $25 or less. c. In the United States gifts are opened in front of the giver. d. Exchanging gifts among colleagues is becoming less common.

Business