This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is a partially valid economic argument for restricting free trade? a. ... (Read 117 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
Which of the following is a partially valid economic argument for restricting free trade?
 a. Restrictions on foreign trade will increase employment and permanently reduce unemployment.
  b. Removal of restrictions that have existed for years will initially cause inflation.
  c. Infant industries need permanent protection to develop and gain productive efficiency.
  d. A nation needs to protect industries that are vital to national defense in case of future international conflict.

Question 2

Which of the following groups analyzes federal budgets proposals?
 a. The Council of Economic Advisors.
  b. The Office of Management and Budget.
  c. The Congressional Budget Office.
  d. The House and Senate Budget Committees.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

BAOCHAU2803

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


yoroshambo

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 30, 2018
Thank you


BAOCHAU2803

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

The relationship between free energy and electron movement along the electron transport chain The relationship between free energy and electron movement along the electron transport chain
In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi
Economic and Social Development Economic and Social Development
Conventional view of economic activity Conventional view of economic activity
economic question economic question
economic question economic question
Video: Causes of Acne

For a complete list of videos, visit our video library