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Author Question: A possible reason a nation might impose a protectionist policy such as a tariff is to A) ... (Read 104 times)

karen

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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.



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tuate

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Answer to Question 1

B

Answer to Question 2

E




karen

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


billybob123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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