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 U.S. International Trade Commission
b. The European Union adopting a common currency
The World Trade Organization holding a round of negotiations in France is an example of trade policy at the international level.
You might also like to view...
Explain the effect of the following changes on equilibrium price and quantity of a commodity: (a) increase in average incomes. (b) increase in population
The Federal Reserve has the power to:
A. create banks. B. increase government spending. C. cut taxes. D. create money.
The wage premium in the United States represents a
A. cost of higher education. B. decreasing return to higher education. C. higher return to college education. D. result of declining college attendance since 1973.
Which of the following reasons is not a likely explanation as to why college completion rates are greater, on average, for whites than for blacks?
A. Tuition costs are lower for whites than blacks. B. Whites have access to more financial capital to pay for college than blacks. C. Postcollege wages are higher for whites than for blacks. D. Whites are more able to postpone earnings at age 18 than are blacks. E. Whites have greater access to higher quality public education at the elementary and secondary level.