Recent pressures for protectionism in the United States have been motivated by all of the following except ?

Related Mcqs:

International trade in goods and services is sometimes used as a substitute for all of the following except ?

A. International movements of capital B. International movements of labor C. International movements of technology D. Domestic production of different goods and services...

Term of trade for a country are the ratio of _______________ to _____________?

A. its opportunity costs; world opportunity costs B. export prices; import prices C. Value of exports; value of imports D. its currency; other currencies...

The imposition of a tariff causes consumption to _____ and imports to _________?

A. rise, rise B. fall, rise C. fall, fall D. rise, fall...

Free traders maintain that an open economy is advantageous is that it provides all of the following except ?

A. Increased competition for world producers B. A wider selection of products for consumers C. The utilization of the most efficient production methods D. Relatively high wages levels for all domestic workers...

Economic integration ?

A. occurs when countries are granted most favored nation status B. occurs when one country voluntarily agrees to reduce its exports to another country C. occurs when two or more nations join to form a free-trade zone D. Occurs when countries develop an acquired comparative advantage that makes their industries more competitive in international markets...