Author Question: As a result of the government procurement policy in the U.S.: a. the domestic consumers are ... (Read 27 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
As a result of the government procurement policy in the U.S.:
 a. the domestic consumers are required to pay a higher price than the government for the domestically produced goods.
  b. the government wields the sole authority of importing goods from abroad.
  c. the government wields the sole authority of exporting goods.
  d. the government is required to buy the domestic goods if the domestic price is less than the world price.
  e. the government is required to sponsor research and development for the domestic firms.

Question 2

A tariff can be defined simply as a
 a. A tariff can be defined simply as a
  b. tax on exports.
 c. legal limit on imports.
 d. legal limit on exports.



jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

d

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

For a complete list of videos, visit our video library