Protectionism ensures fair trade by:
a. restricting imports
b. reducing the prices of domestic products.
c. encouraging the import of low-priced products.
d. creating more jobs in export industries.
a
You might also like to view...
When borrower-spenders raise funds in financial markets, they issue new securities in the
A) primary market. B) secondary market. C) third market. D) fourth market.
The problem of political instability has been greatest in which continent?
A. South America B. Europe C. Asia D. Africa
The Clayton Act of 1914:
A. prohibited selling products at "unreasonably low prices" with the intent of reducing competition. B. outlawed tying contracts. C. outlawed asset-purchase contracts that would substantially reduce competition. D. made it illegal to monopolize a market.
By drawing a demand curve with ________ on the vertical axis and ________ on the horizontal axis, economists assume that the most important determinant of the demand for a good is the ________ of the good
A) quantity; price; quantity B) price; quantity; quantity C) price; quantity; price D) quantity; price; price