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Author Question: Which of the following statements about the United States was true as of 2007? A) It was the ... (Read 113 times)

Zulu123

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Which of the following statements about the United States was true as of 2007?
 
  A) It was the world's largest exporter.
  B) It had the world's largest deficit in its current account.
  C) It had the world's largest surplus in its current account.
  D) None of the above are true.

Question 2

In the case of a small country, consumer surplus
 
  A) decreases less with a tariff than with an equivalent quota.
  B) decreases less with a quota than with an equivalent tariff.
  C) is not changed by tariffs or quotas.
  D) decreases the same with tariffs and equivalent quotas.
  E) increases more with quotas.


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Ddddd

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Zulu123

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Reply 2 on: Jun 30, 2018
:D TYSM


gcook

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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