Which of the following restricts the volume of international trade?
a. quotas
b. well-enforced property rights
c. a stable international monetary framework
d. an increase in the rate of economic growth
A
You might also like to view...
Eminent domain
A) is used only in the United States. B) is legal only in market economies. C) is authorized only in member-nations of the United Nations. D) is used by virtually all governments.
Which of the following is not correct?
a. Economists use some familiar words in specialized ways. b. Economics has its own language and its own way of thinking, but few other fields of study do. c. Supply, demand, elasticity, comparative advantage, consumer surplus, and deadweight loss are all terms that are part of the economist's language. d. The value of the economist's language lies in its ability to provide you with a new and useful way of thinking about the world in which you live.
Which of the following pairs represents the chief source of income and the most important type of expenditure of local governments?
A. Property tax and expenditures for highways B. Property tax and expenditures for education C. Sales and excise taxes and expenditures for public welfare D. Sales and excise taxes and expenditures for police, fire, and general government
Citizens and investors in Argentina interpreted the government's fiscal stimulus response to the country's financial crisis as:
A. a bad sign and drastically increased their spending and investing as a result. B. a bad sign and drastically reduced their spending and investing as a result. C. a good sign and drastically increased their spending and investing as a result. D. a good sign and drastically reduced their spending and investing as a result.