Author Question: Both tariffs and quotas lead to a decrease in imports, a decrease in domestic consumption, and an ... (Read 37 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
Both tariffs and quotas lead to a decrease in imports, a decrease in domestic consumption, and an increase in domestic production.
 
  Indicate whether the statement is true or false

Question 2

When explaining China and India's trade patterns,
 
  A) proximity and GDP explain a significant portion.
  B) many complex factors determine trading partners.
  C) patterns are very different for each country.
  D) exchange rates determine most of the pattern of trade.



huda

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

TRUE

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library