What type of political economy can have the problem of
solely focusing on short-term profitability while failing to consider longer-term consequences?
A) command economy
B) market economy
C) mixed economy
D) supply-oriented economy
Question 2
The use of tariffs and quotas are:
A) policies adopted by a state committed to free trade.
B) attempts to insure that only high-quality goods enter the market.
C) strategic policies aimed at stimulating demand.
D) efforts to limit foreign competition.
