International trade that is not encumbered by government restrictions is called
A) free trade
B) protectionist
C) terms of trade
D) comparative advantage trade
E) absolute advantage trade
Correct Answer:
Verified
Q81: A free trade area differs from a
Q82: A straight-line production possibilities curve
A) reflects increasing
Q83: If the opportunity cost of producing one
Q84: In drawing a straight-line production possibilities curve
Q85: If apples and pears have equivalent opportunity
Q87: If two countries specialize,
A) the other countries
Q88: International specialization allows a country to use
Q89: Suppose rice can be produced in China
Q90: If Israel has a lower opportunity cost
Q91: If the United States can produce both
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