Which of the following restricts the volume of international trade?
a. stable prices
b. tariffs
c. the law of comparative advantage
d. a stable international monetary system
b
You might also like to view...
Taxes levied on imports are called ________
A) embargo B) seigniorage C) quotas D) tariffs
The tax treatment of corporate profit means that corporations
A. cannot profitably issue common stock. B. choose investment opportunities more efficiently than do other types of firms. C. limit the things in which corporations can invest. D. can generally avoid paying federal taxes but not state taxes.
Kim is participating in an auction in which bids are placed publicly and the price of the good being auctioned increases until there is only one standing bid. This is an example of a(n) ________
A) open outcry English auction B) open outcry Dutch auction C) sealed-bid first-price auction D) sealed-bid second-price auction
A ten-year $1,000,000-face-value zero-coupon Treasury bond has a market price of __________ when the interest rate is 9.62%
A) $399,119 B) $674,844 C) $903,800 D) $962,000