What are two main obstacles to increased international integration?
What will be an ideal response?
Laws and regulations adopted strictly for domestic reasons that unintentionally limit international commerce when economies become more integrated; Conflicts over standards
Economics
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Expansionary fiscal policy
A) can be effective in the short run. B) causes complete crowding out in the short run. C) is never effective because of crowding out. D) can be effective in the long run.
Economics
Based on this supply and demand curve, how does a tax affect buyers?
a. decreases the price they must pay
b. increases the price they must pay
c. raises their demand for the product
d. builds supply of the product available to them
Economics