Author Question: As a result of the government procurement policy in the U.S.: a. the domestic consumers are ... (Read 73 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
As a result of the government procurement policy in the U.S.:
 a. the domestic consumers are required to pay a higher price than the government for the domestically produced goods.
  b. the government wields the sole authority of importing goods from abroad.
  c. the government wields the sole authority of exporting goods.
  d. the government is required to buy the domestic goods if the domestic price is less than the world price.
  e. the government is required to sponsor research and development for the domestic firms.

Question 2

A tariff can be defined simply as a
 a. A tariff can be defined simply as a
  b. tax on exports.
 c. legal limit on imports.
 d. legal limit on exports.



jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
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?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library