This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An import tariff will cause the relative demand for ________ to ________ and the relative supply for ... (Read 193 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
An import tariff will cause the relative demand for ________ to ________ and the relative supply for ________ to ________.
 
  A) imports; decrease; imports; increase
  B) imports; increase; imports; decrease
  C) exports; increase; exports; decrease
  D) exports; decrease; exports; increase
  E) exports; increase; imports; decrease

Question 2

The balance of payments has become a central issue for the United States because
 
  A) when the balance of payments is not balanced, society is unbalanced.
  B) the U.S. economy cannot grow when the balance of payments is in deficit.
  C) the U.S. has run huge trade deficits in every year since 1982.
  D) the U.S. never experienced a surplus in its balance of payments.
  E) the U.S. once ran a large trade surplus of about 40 billion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


cnetterville

  • Hero Member
  • *****
  • Posts: 547
Reply #2 on: Jun 30, 2018
Thank you :)


SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

The role of the liver in fuel supply to the blood. The role of the liver in fuel supply to the blood.
Relative rate test, calibrating the molecular clock, and calculating divergence dates. Relative rate test, calibrating the molecular clock, and calculating divergence dates.
Indicators of Relative Economic Well-Being Indicators of Relative Economic Well-Being
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
Outgroup role in relative rate test Outgroup role in relative rate test
Video: The Nerve Impulse

For a complete list of videos, visit our video library