This topic contains a solution. Click here to go to the answer

Author Question: A possible reason a nation might impose a protectionist policy such as a tariff is to A) ... (Read 105 times)

karen

  • Hero Member
  • *****
  • Posts: 537
A possible reason a nation might impose a protectionist policy such as a tariff is to
 
  A) encourage specialization in the good in which the nation has a comparative advantage.
  B) protect an infant industry from foreign competitors.
  C) increase the level of imports.
  D) slow domestic production.

Question 2

If the current account balance has a 70 million deficit and there was no change in official reserves during that year, then we know that
 
  A) net transfers were -70 million.
  B) the capital account balance must have a 70 million deficit.
  C) the balance of payments must register a 70 million surplus.
  D) the official settlements account balance must have a 70 million surplus.
  E) the capital and financial account balance must have a 70 million surplus.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tuate

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

B

Answer to Question 2

E




karen

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
:D TYSM


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

For a complete list of videos, visit our video library