International trade is restricted because
A) there is an uneven distribution of benefits and costs of free trade.
B) free trade creates an inefficient use of resources.
C) free trade leads to higher costs.
D) free trade stifles diversity and stability.
A
You might also like to view...
The substitution effect is thought to dominate the behavior of low-wage workers
a. True b. False Indicate whether the statement is true or false
Describe the concept of flight to quality in terms of the Russian government default of August 1998.
What will be an ideal response?
The supply of workers in a particular occupation could be relatively large if:
A. training costs are low. B. job features are undesirable. C. there are few people with the required skills. D. there are artificial barriers to enter that profession.
Which of the following would be a fixed input to an automobile firm?
A) steel B) a plant in California C) car batteries D) engineers