Which of the following is NOT a reason that free trade stimulates ...

[savannahhooper]

Which of the following is NOT a reason that free trade stimulates economic growth?
 
  A) Free trade encourages a more rapid spread of technology.
  B) Industries have larger markets.
  C) The importation of technically advanced products enables the country to imitate the technology.
  D) Free trade keeps domestic prices up, enabling firms to make more profits that can be spent on research and development.

Question 2

A price index shows
 
  A) the current cost of a basket of goods.
  B) the relative price of necessities.
  C) the price of goods in the future.
  D) the cost of today's goods expressed in terms of the cost of goods in a base year.

[kescobar@64]

Answer to Question 1

D

Answer to Question 2

D

[savannahhooper]

Correct answers!

[kescobar@64]

Great! Please up vote