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Author Question: Tariffs and quotas are incentives for international trade supported by domestic consumers. a. ... (Read 149 times)

ETearle

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Tariffs and quotas are incentives for international trade supported by domestic consumers.
 
  a. True
  b. False
 
 
  Indicate whether the statement is true or false

Question 2

According to the Industry Lifecycle Theory, large trade deficits are typically found in developed countries where apparel importing is more prevalent than apparel exporting.
 
  a. True
  b. False
 
 
  Indicate whether the statement is true or false



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cloud

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Answer to Question 1

False

Answer to Question 2

True



ETearle

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Both answers were spot on, thank you once again



cloud

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