The political attractiveness of tariffs, quotas, and other trade restrictions is primarily the result of
What will be an ideal response?
the special interest nature of trade restrictions.
You might also like to view...
A normative statement
A) depends on someone's values. B) cannot use the word "should." C) says what is currently believed about the way the world operates. D) must be tested to determine if it is correct. E) can be tested to determine if it is correct.
A public authority that provides banking services to commercial banks and regulates financial institutions and markets is called a
A) commercial bank. B) thrift institution. C) central bank. D) money market fund. E) mint.
Which of the following is a nonrenewable resource?
A) residential land B) sunshine C) a machine tool D) oil
In the above figure, the opportunity cost of moving from producing 75 guitars and 25 ukuleles to producing 25 guitars and 75 ukuleles is
A) 25 guitars. B) 75 ukuleles. C) 25 ukuleles. D) 50 guitars.