Which statement is false?
A) International trade helps every country.
B) The economics profession is nearly unanimous in advocating free trade.
C) The jobs that are lost due to foreign imports can be gained by our export sector.
D) Recent Presidents of the United States support free trade in word and deed.
Correct Answer:
Verified
Q2: A hollow corporation
A)makes goods abroad and ships
Q3: One way of reducing our trade deficit
Q4: The principle of comparative advantage
A)applies only when
Q5: If Germany can make compact cars more
Q6: High protective tariffs
A)would be supported by most
Q7: The reason U.S.workers were better paid than
Q8: A tariff shifts the _ curve to
Q9: Which statement is true?
A)The Japanese have not
Q10: We have run merchandise trade deficits of
Q11: Which statement is false?
A)Compared to 30 years
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