Which of the following is TRUE?
A) Domestic policies are never barriers to trade.
B) Programs aimed at supporting domestic industries do not form trade barriers today.
C) Tariffs and quotas in industrial nations are significantly higher now than they were in 1950.
D) Tariffs and quotas are the primary trade barrier in industrialized countries.
E) Domestic policies intended to protect consumers or the environment may become trade barriers.
Correct Answer:
Verified
Q5: Financial capital flows could include
A)real estate purchases.
B)construction
Q6: An example of a foreign direct investment
Q7: Economists
A)describe reducing tariffs and quotas as shallow
Q8: One of the distinguishing characteristics of capital
Q9: One important difference between the international economy
Q11: Countries such as the United States that
Q12: One of the reasons we know that
Q13: Which of the following is FALSE?
A)Capital flows
Q14: All of the following are differences in
Q15: Countries that have high rates of savings
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