For the United States automobiles are ?

Related Mcqs:

A primary reason why nations conduct international trade is because ?

A. Some nations prefer to produce one thing while others produce another B. Resources are not equally distributed to all trading nations C. Trade enhances opportunities to accumulate profits D. interest rates are not identical in all trading nations...

The term tariff, as used in international trade refers to ?

A. The price of goods when they leave the producing country B. a limit on the quantity of a good that can be imported into a country C. a tax on imports D. a government payment to encourage exports...

Economic transition involves high inflation because _____ and ______?

A. high monetary growth high wages B. high budget deficits devaluation C. high monetary growth devaluation D. Prices surge from an artificially low level to their equilibrium level the inflation tax is required a source of government revenue...

A country has a comparative advantage in the production of a product if the good’s _____ cost in different from the good’s _____ cost in another country ?

A. resource; resource B. foreign exchange money C. opportunity; opportunity D. money; opportunity...

Output fell sharply in the transition economies because ?

A. banks were unable to function B. there was little corporate control C. vital infrastructure was missing D. All of the above...