Over the past several decades there has been a rapid growth in international trade. This growth has been due to all except one of the following factors. Which factor has not contributed to the growth of international trade?
A) a favourable change in government policies
B) the spread of reliable communications
C) a reduction in shipping costs
D) an increase in the tariffs charged on many goods
Correct Answer:
Verified
Q2: Which of the following is used to
Q3: Firms offshore
A) to obtain a higher quality
Q6: Offshoring is
A) when workers in a foreign
Q7: Goods and services bought domestically but produced
Q8: The largest proportion of world trade is
Q9: Domestically produced goods and services sold to
Q12: A tax imposed by a government on
Q13: Between 1960 and 2010, Australia's imports increased
Q35: What is the difference between imports and
Q36: What is a tariff?
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