Multiple Choice
Obstacles that restrict trade, either domestic or international, will
A) reduce output, income, and the general living standard of the populace.
B) help people achieve higher income levels.
C) help promote high rates of economic growth.
D) encourage domestic business firms to expand output so they can achieve larger gains from the adoption of mass production techniques.
Correct Answer:

Verified
Correct Answer:
Verified
Q69: Individuals are more likely to engage in
Q70: Which of the following is important if
Q71: Which of the following is most likely
Q72: High income countries with larger governments as
Q73: Which of the following is most important
Q75: How do high marginal tax rates influence
Q76: In a market economy, what determines whether
Q77: Which of the following is most likely
Q78: Measured in 2011 dollars, the GDP per
Q79: Which of the following will tend to