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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 38
Circle the letter that corresponds to the best answer. Which statement is the most accurate?
A) Globalization, on balance, has been very bad for the U.S. economy.
B) All the effects of globalization have been very good for the U.S. economy.
C) The best way to reduce our trade deficit is for Congress to pass a law requiring that we buy only American products.
D) Each of our recent presidents has basically supported the concept of free trade.
A) Globalization, on balance, has been very bad for the U.S. economy.
B) All the effects of globalization have been very good for the U.S. economy.
C) The best way to reduce our trade deficit is for Congress to pass a law requiring that we buy only American products.
D) Each of our recent presidents has basically supported the concept of free trade.
Explanation
Verified
Verified
Trade deficit refers to the situation wh...
Macroeconomics 11th Edition by Stephen Slavin
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