Which statement is false?
A) If we restrict our imports,our exports will decline.
B) Trade restrictions cause economic inefficiency.
C) International finance is based on the gold standard.
D) None of the statements is false.
Correct Answer:
Verified
Q10: We have run merchandise trade deficits of
Q11: Which statement is false?
A)Compared to 30 years
Q12: At the core of the American trade
Q13: Which statement is true?
A)Frederic Bastiat's "Petition of
Q14: A key reason that our gasoline prices
Q16: Most economists
A)favor both tariffs and quotas.
B)consider tariffs
Q17: Which statement is false?
A)When two countries trade,both
Q18: Which statement is false?
A)The Japanese economic system
Q19: One thing we can do to reduce
Q20: Under the principle of comparative advantage total
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