Author Question: A capitalist system depends on fair competition among businesses to: A) be consistent with the goals ... (Read 91 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
A capitalist system depends on fair competition among businesses to:
 A) be consistent with the goals of socialism.
  B) buy and sell government securities.
  C) guarantee that every individual business earns profits.
  D) drive higher quality and lower prices.

Question 2

An import duty has the effect of all of the following except
 A) reducing the number of units exported.
  B) raising the price of the product in the importing nation.
  C) reducing the number of units imported.
  D) creating a trade restriction.
  E) protecting a domestic industry from competition.



upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

For a complete list of videos, visit our video library