Author Question: Which of the following is a result of trade creation? A) The demand for goods tends to increase. ... (Read 68 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?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library