At the start of the Civil War, the South adopted a trade policy that did not
a. discourage exports to England.
b. ban sales of cotton to the North.
c. eventually move England from neutrality in the Civil War.
d. weaken the southern war effort.
c. eventually move England from neutrality in the Civil War.
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Which statement is false?
A. If we restrict our imports, our exports will decline. B. Trade restrictions cause economic inefficiency. C. International finance is based on the gold standard. D. None of these statements are false.
A specific type of loan that is used to buy real estate:
a. mutual fund b. mortgage c. millage note d. deed bond
Technological progress can be another mechanism which affects economic growth.
Answer the following statement true (T) or false (F)
A consumer holds money to meet spending needs. This would be an example of the:
A. Use of money as a measure of value B. Use of money as legal tender C. Transactions demand for money D. Asset demand for money