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Author Question: The principal objective of WTO is to: a. reduce the level of all tariffs. b. establish fair prices ... (Read 264 times)

nramada

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The principal objective of WTO is to:
 a. reduce the level of all tariffs.
  b. establish fair prices for all goods traded internationally.
  c. prevent the trading of services across nations' borders.
  d. encourage countries to establish quotas.

Question 2

Which one of the following will shift the consumption function upward?
 a. Higher interest rates.
  b. Expectations that the economy will grow in the future.
  c. A decrease in money holdings.
  d. Higher capacity utilization rates.
  e. A tax increase.



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mohan

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Answer to Question 1

a

Answer to Question 2

b




mohan

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