If Slovenia is a large country in world trade, then if it imposes a large set of tariffs on many of its imports, this would
A) improve its terms of trade.
B) have no effect on its terms of trade.
C) harm its terms of trade.
D) decrease its marginal propensity to consume.
E) increase its exports.
A
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When the Fed fears inflation, the Fed ________ government securities, so that the federal funds rate ________ and the quantity of money ________
A) buys; rises; decreases B) sells; falls; increases C) buys; falls; increases D) sells; falls; decreases E) sells; rises; decreases
Which of the following accurately describes growth rates in the United States from 1900 to the present?
A) Growth rates have risen continuously from 1900 to the present. B) Growth rates rose until the 1970s, slowed until the 1990s, rose again until 2005, and then slowed again to the present. C) Growth rates rose until the 1970s and then fell until the present. D) Growth rates have fallen continuously from 1900 to the present.
Few countries have a higher GDP per capita than the weighted average of Canada, Mexico and the U.S
Indicate whether the statement is true or false
If the current price of a good is the same as that found at the intersection of the market demand and supply curves, then: a. excess demand exists
b. excess supply exists. c. price will rise. d. price will fall. e. the market is in equilibrium.