When a nation imposes a blanket standard on imports, it refers to policies that:
A. impose standards imposed on all imports.
B. impose standards on specific countries.
C. restrict the importation of specific goods.
D. All of these are true.
A. impose standards imposed on all imports.
You might also like to view...
How can international trade affect the exercise of domestic economic power in the United States?
What will be an ideal response?
Which of the following is a union function?
a. negotiate pay b. creating new business policies c. budgeting d. creating statistical reports
Behavioral economists have found that:
A. only market prices matter when people make decisions. B. people are always irrational when considering incentives. C. markets are the best way to organize mutually beneficial exchanges. D. design mechanisms must take social factors as well as price into account.
If the Fed sells $10 million in bonds to a bank, and the required reserve ratio is 20 percent, then the banking system can:
A. decrease the money supply by up to $10 million. B. decrease the money supply by up to $40 million. C. decrease the money supply by up to $50 million. D. increase the money supply by up to $2 million.