An embargo is a prohibition against trading particular goods.
Answer the following statement true (T) or false (F)
True
Embargoes, such as the U.S. embargo against Cuba, prevent imports and exports with the country that is embargoed.
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_________ is a thinking and information-gathering process involving a series of decisions
a. Planning b. Acting c. Sequencing d. Brainstorming
Domestic income has a ______ relationship with net export spending.
A. negative B. positive C. secondary D. constant
Investors lower the risk of losing their investment by investing in one large firm, rather than investing in many small firms
a. True b. False Indicate whether the statement is true or false
If all prices adjusted immediately to balance the quantities supplied and demanded for all goods and services:
A. output gaps would be positive more often than they would be negative. B. potential GDP would rise much more quickly. C. cyclical unemployment would be positive. D. output gaps would not exist.