It is debatable whether the United States is the most liberal nation in promoting free trade.
Correct Answer:
Verified
Q2: Without trade, cost/price equalization is very unlikely.
Q3: A nation can never be completely self-sufficient.
Q4: Protectionist policies rarely achieve their objectives.
Q5: The mere existence of a government can
Q6: A cartel is legal in the United
Q8: Countervailing duties are imposed on imported products
Q9: Duties "according to value" of the imported
Q10: A value-added tax is a multi-stage, noncumulative
Q11: A value-added tax cannot be rebated on
Q12: The use of VAT affects only about
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