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

nevelica

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on: Jul 7, 2018
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

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Reply #1 on: Jul 7, 2018
Answer to Question 1

A

Answer to Question 2

C


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