Author Question: Which of the following is a result of trade creation? A) The demand for goods tends to increase. ... (Read 66 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
Which of the following is a result of trade creation?
 
  A) The demand for goods tends to increase.
  B) Purchasing power of consumers decreases.
  C) Consumers have a limited choice for selection of goods.
  D) Imported goods are seldom available at lower prices.

Question 2

An increase in the level of trade among nations that results from regional economic integration is called ________.
 
  A) trade diversion
  B) mercantilism
  C) trade creation
  D) economic nationalism



dlook33

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library