In the context of international trade restrictions, governments tend to use protective _____ to shelter industries that are crucial to the domestic economy.
A. export duties
B. quorums
C. tariffs
D. voluntary export restraints
Answer: C
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Indicate whether the statement is true or false.
Which of the following entries records the payment of an account payable?
A) debit Cash; credit Accounts Payable B) debit Accounts Receivable; credit Cash C) debit Cash; credit Supplies Expense D) debit Accounts Payable; credit Cash
The Environmental Protection Agency (EPA) was created by Congress to
a. consolidate environmental regulations under one agency. b. protect corporate investors. c. prevent conflicts between the Departments of Commerce and Interior. d. eliminate discrimination.
A cashier's check is a check drawn by a bank upon itself to the order of a named payee
a. True b. False Indicate whether the statement is true or false