Which of the following is an example of trade policy at the national level?
a. Congress passing legislation to prevent dumping.
b. The European Union adopting a common currency
c. The World Trade Organization holding a round of negotiations in France.
d. The General Agreement on Tariffs and Trade being made.
a. Congress passing legislation to prevent dumping.
You might also like to view...
Which of the following would not be studied by macroeconomists?
A. The effects of tax cuts on consumer spending. B. Factors affecting average wages in the U.S. economy. C. Inflation in developing countries. D. The worldwide operations of General Motors
The figure above shows the demand for fruit snacks. Which movement reflects how consumers would react to an increase in the price of a fruit snack that is expected to occur in the future?
A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d
According to the assignment rule, which of the following policy mixes is appropriate for a country with excessively low unemployment, a balance of payments surplus, and fixed exchange rates?
A. Contractionary fiscal policy and expansionary monetary policy B. Expansionary fiscal policy and expansionary monetary policy C. Contractionary fiscal policy and contractionary monetary policy D. Expansionary fiscal policy and contractionary monetary policy
The use of the supply-and-demand model to analyze labor markets implicitly assumes that there is ________ governing the labor market.
A. monopoly B. bi-lateral monopoly C. monopsony D. perfect competition