Author Question: If a country begins allowing free international trade in a good, and as a result, it increases ... (Read 35 times)

torybrooks · **on:** Jun 30, 2018

If a country begins allowing free international trade in a good, and as a result, it increases imports of that good.
a. domestic producers gain more than domestic consumers lose.
b. domestic producers lose more than domestic consumers gain.
c. domestic consumers gain more than domestic producers lose.
d. domestic consumers lose more than the domestic producers gain.

Question 2

According to economists, which of the following acts was partially responsible for the Great Depression of the 1930s?
a. The Robinson-Patman Act
b. The National Recovery Act
c. The Smoot-Hawley Tariff Act
d. The Sarbanes-Oxley Act
e. The Sherman Antitrust Act