Tariffs imposed upon Japanese passenger vehicle imports into the U.S. tend to
A. harm Japanese consumers and help U.S. automakers.
B. harm U.S. consumers and help U.S. automakers.
C. harm U.S. consumers and help Japanese automakers.
D. help U.S. consumers and harm U.S. automakers.
Answer: B
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a. GDP per capita fails to measure income distribution. b. Fluctuations in exchange rates affect differences in GDP per capita. c. GDP per capita is subject to greater measurement errors for LDCs compared to IACs. d. All of these.
If the Federal Reserve sells $1,000 in bonds and, as a result, the money supply decreases by $2,500, what is the required reserve ratio?
a. 0.4 b. 2.5 c. 0.5 d. 0.1 e. 0.2
By 2006, about ________ of all U.S mortgages were subprimes
A) 10% B) 20% C) 30% D) 25%
Which of the following factors are most important for determining the economic growth of a country?
A. The independence of the country's central bank B. The country's level of resources C. The country's rates of saving and investment D. The level of sophistication of a country's financial markets