Under U.S. commercial policy, the escape clause results in A) ...

[iveyjurea]

Under U.S. commercial policy, the escape clause results in
 
  A) temporary quotas granted to firms injured by import competition.
  B) tariffs that offset export subsidies granted to foreign producers.
  C) a refusal of the U.S. to extradite anyone who escaped political oppression.
  D) tax advantages extended to minority-owned exporting firms.
  E) tariff advantages extended to certain Caribbean countries in the U.S. market.

Question 2

If the nominal interest rate is 0.6 percent and the rate of inflation is 2.9 percent in a given year, then what is the corresponding real rate of return?
 
  A) 3.5 percent
  B) 2.3 percent
  C) -3.5 percent
  D) None of the above.

[canderson530]

Answer to Question 1

A

Answer to Question 2

D