Economic transition involves high inflation because _____ and ______?

Related Mcqs:

Which American industry has least been affected by import competition in recent years ?

A. Automobiles B. Steel C. Radios and TVs D. Computer software...

International specialization takes place because of______________?

A. differences in technology B. differences in factor endowments C. scale economies D. All of the above...

A sudden shift from import tariffs to free trade may induce short-term unemployment in ?

A. Import-competing industries B. Industries that are only exporters C. Industries that sell domestically as well as export D. industries that neither import nor export...

A significant portion of actual world trade patterns results from ?

A. The industrial policies of governments B. different sizes of the countries C. different factor endowment between countries D. the different tastes and preferences of people in different countries...

If goods are exported for less than society’s marginal production cost and the marginal benefit to domestic consumers, it is likely that they benefit from?

A. an import subsidy B. a quota C. comparative advantage D. an export subsidy...