Multiple Choice
The "Buy American" provision in the 2009 U.S.stimulus bill, was seen as likely to cause
A) exporting countries to retaliate by placing trade barriers on American imports.
B) American manufacturers to become more efficient.
C) American companies to pay lower prices for protected products.
D) most countries to reduce their own trade barriers to be able to better compete with American imports at home.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: A tariff is a numerical limit on
Q21: The process of countries becoming more open
Q23: Which of the following describes the infant
Q55: In the U.S.steel market,a "Buy American" provision
Q81: Why would Canadian firms that sell products
Q86: Figure 7.5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4178/.jpg" alt="Figure 7.5
Q87: Table 7.2<br>Output Per Hour of Work<br>
Q109: The intention of the "Buy American" provision
Q160: Distinguish between a voluntary export restraint and
Q164: Protectionism refers to the use of trade