Author Question: The Smoot-Hawley tariff triggered a trade war during the Great Depression of the 1930s. Indicate ... (Read 109 times)

cdr_15 · **on:** Jun 29, 2018

The Smoot-Hawley tariff triggered a trade war during the Great Depression of the 1930s.

Indicate whether the statement is true or false

Question 2

Which of the following statements is CORRECT?

A) When demand increases, both the price and the quantity increase.
B) When demand decreases, the price rises and the quantity decreases.
C) When supply increases, the quantity decreases and the price rises.
D) When supply decreases, both the price and the quantity decrease.