Which of the following is NOT an argument against free trade?
A) infant-industry argument
B) protecting domestic job argument
C) countering foreign subsidies argument
D) comparative advantage argument
Answer: D
Economics
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The most liquid securities traded in the capital market are
A) corporate bonds. B) municipal bonds. C) U.S. Treasury bonds. D) mortgage-backed securities.
Economics
In contrast to a monopoly which misallocates resources by restricting output and producing too little, government bureaus misallocate resources by _____
a. producing too little b. producing too much c. producing the right amount but charging nothing for the output d. producing zero
Economics