Both a parallel market and a black market are free markets ...

[tuffie]

Both a parallel market and a black market are free markets permitted to coexist with the official market.
 
  Indicate whether the statement is true or false

Question 2

Following the imposition of the Smoot-Hawley tariff
 
  A) international trade continued to expand.
  B) more than 40 countries imposed higher tariffs of their own.
  C) employment in the United States expanded rapidly.
  D) Two of the above.

[scikid]

Answer to Question 1

FALSE
Explanation: Black market is an illegal market, but parallel market is permitted.

Answer to Question 2

B

[tuffie]

Great answer, keep it coming

[triiciiaa]

Thanks for the timely response, appreciate it