This Application addresses the idea that
A) imports ultimately have a positive impact on all communities.
B) imports have a bigger impact on some communities than on others.
C) imports are only beneficial to a community if they are equally matched by exports from that community.
D) imports have an equal impact on all communities.
B
You might also like to view...
An isoquant shows the various combinations of labor and capital that
a. the firm will choose to employ in the long run. b. yield the same total cost. c. can produce some fixed level of output. d. minimize the firm's average cost of production.
Economic theory assumes elected and appointed government officials
A) place their personal or private welfare ahead of the public interest. B) place the public interest ahead of any personal or private interests of their own. C) are free to pursue the public interest because they aren't constrained by competition. D) respond to the anticipated costs and benefits to themselves of decisions contemplated.
A voluntary export restraint is an agreement negotiated by two countries that places ________ that can be imported by one country from another country
A) a tax on goods B) a minimum quantity of a good C) a numerical limit on the quantity of a good D) quality standards on goods
Which of the following was NOT used to finance the Civil War (1861–1865)?
(a) Taxation (b) Borrowing (c) Printing money (d) Large voluntary contributions from individuals opposed to slavery