The non- free trade policy of the United States that affects many poor countries of the world the most is the
A. tariff on imported tires.
B. the proposed tariff on steel.
C. agricultural subsidies.
D. quota on wood products.
C. agricultural subsidies.
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Refer to Figure 26-7. Suppose the Fed sells Treasury Bills in pursuit of contractionary monetary policy. Using the static AD-AS model in the figure above, this situation would be depicted as a movement from
A) B to C. B) C to B. C) B to D. D) C to D. E) A to B.
Injections:
a) Decrease aggregate demand b) Always equal savings c) Always equal national income d) Include investment and export spending
Relationship-specific investments include:
A. dedicated assets. B. human capital. C. site specificity. D. All of the statements associated with this question are correct.
The crowding-out effect arises when:
A. Government lends in the money market, thus decreasing interest rates B. Government borrows in the money market, thus decreasing interest rates C. Government lends in the money market, thus increasing interest rates D. Government borrows in the money market, thus causing an increase in interest rates