Multiple Choice
Which of the following best describes the effects of trade policies?
A) Trade policies affect the trade balance, plus all industries in the same ways.
B) Trade policies affect the trade balance, plus some industries differently than others.
C) Trade policies do not affect the trade balance, but they affect some industries differently than others.
D) Trade policies do not affect the trade balance, but they affect all industries in the same ways.
Correct Answer:
Verified
Correct Answer:
Verified
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