Author Question: A capitalist system depends on fair competition among businesses to: A) be consistent with the goals ... (Read 46 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
A capitalist system depends on fair competition among businesses to:
 A) be consistent with the goals of socialism.
  B) buy and sell government securities.
  C) guarantee that every individual business earns profits.
  D) drive higher quality and lower prices.

Question 2

An import duty has the effect of all of the following except
 A) reducing the number of units exported.
  B) raising the price of the product in the importing nation.
  C) reducing the number of units imported.
  D) creating a trade restriction.
  E) protecting a domestic industry from competition.



upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
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?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library