Multiple Choice
Which of the following best identifies the effects of trade policies? And on firms or industries?
A) Trade policies affect the trade balance and all firms and industries the same.
B) Trade policies affect the trade balance and some firms or industries differently than others.
C) Trade policies do not affect the trade balance, but they affect some firms or industries differently than others.
D) Trade policies affect neither the trade balance nor specific firms or industries.
Correct Answer:
Verified
Correct Answer:
Verified
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