Author Question: Which of the following is most likely to discourage international trade? A) Higher import tariffs ... (Read 17 times)

jasdeep_brar · **on:** Jun 30, 2018

Which of the following is most likely to discourage international trade?

A) Higher import tariffs B) Higher export subsidies
C) Lower interest rates D) Lower income tax rates

Industria is predominantly a producer and exporter of manufactured goods. However, it imports several agricultural products.

Question 2

Business's cost of changing prices is referred to as:

A) inflation tax. B) menu costs. C) intangible costs. D) shoeleather costs.