Government trade policies, such as tariffs and quota restrictions on imports,
A)can eliminate a trade imbalance.
B)often increase a trade deficit.
C)have no real effect on the trade balance.
D)can lower a deficit on current account but not on the capital account.

Question

Quizplus · Accepted Answer

The Answer of Government trade policies, such as tariffs and quota restrictions on imports,
A)can eliminate a trade imbalance.
B)often increase a trade deficit.
C)have no real effect on the trade balance.
D)can lower a deficit on current account but not on the capital account.

Government Trade Policies, Such as Tariffs and Quota Restrictions on Imports