The average level of tariffs on imported products charged by industrialized countries changed between 1946 and 1990
a. from 5 percent to 40 percent.
b. from 40 percent to 5 percent.
c. from 10 percent to 20 percent.
d. from 20 percent to 10 percent.
b. from 40 percent to 5 percent.
Economics
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The relative flexibility of the United States labor market explains why ________ in the United States than in Europe
A) income inequality is greater B) real wages grow more slowly C) unemployment is lower D) all of the above
Economics
A decrease in U.S. prices relative to European prices
A) will decrease European exports to the United States. B) will increase U.S. imports from Europe. C) will decrease U.S. exports to Europe. D) will not affect U.S. trade with Europe.
Economics