Which of the following policies would be most likely to reduce the efficiency of a country's economic organization?
A) A legal structure that establishes secure property rights.
B) Imposition of tariffs and other barriers limiting international trade.
C) Competitive markets.
D) Aa stable monetary system.

Question

Quizplus · Accepted Answer

Imposition of tariffs and other barriers limiting international trade can reduce the efficiency of a country's economic organization by restricting access to international markets and reducing competition, which can lead to higher prices for consumers and reduced innovation and productivity for businesses.

Which of the Following Policies Would Be Most Likely to Reduce