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

Related Mcqs:

Tariffs ?

A. Decrease the domestic price of a product B. Increase government earnings from tax C. Increase the quantity of imports D. Decrease domestic production...

A main advantage of specialization results from ?

A. Economies of large-scale production B. The specializing country behaving as a monopoly C. Smaller production runs resulting in lower unit costs D. High wages paid to foreign workers...

If a nation has an open economy it means that the nation ?

A. Allows private ownership of capital B. Has flexible exchange rates C. Has fixed exchange rates D. conducts trade with other countries...

What is not a feature of the EU as a single market ?

A. Elimination of border controls B. No import taxes on goods bought in another members country C. Each country can retain its own technical standards D. Common security arrangements...

The terms of trade measure ?

A. The income of one country compared to another B. The GDP of one country compared to another C. The quantity of exports of one country compared to another D. Export prices compared to import prices...