There are asymmetric incentives to support and to oppose protectionist trade policies, with the stronger incentives going to those that would seek protection
Indicate whether the statement is true or false
TRUE
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Health and public welfare expenditures account for the largest share of state and local government spending.
Answer the following statement true (T) or false (F)
The increase in the price of sugar created by the tariff will lead domestic consumption to fall by ________ tons per year, compared to when the economy is open without the tariff. 
A. 20 B. 40 C. 10 D. 30
The world is more likely to run out of gold than it is to run out of bald eagles
Indicate whether the statement is true or false
Under a fixed exchange rate regime, if a country has an ________ exchange rate, then its central bank's attempt to keep its currency from appreciating will result in a ________ of international reserves
A) undervalued; gain B) undervalued; loss C) overvalued; gain D) overvalued; loss