Multiple Choice
Protectionist policies implemented in a small open economy with a trade deficit have the effect of ______ the trade deficit and ______ the quantity of imports and exports.
A) decreasing; decreasing
B) not changing; decreasing
C) decreasing; not changing
D) not changing; not changing
Correct Answer:

Verified
Correct Answer:
Verified
Q43: What is the effect of investment enhancement
Q44: In an open economy:<br>A) a trade deficit
Q45: If a country has a high rate
Q46: In a small open economy, when the
Q47: What is the difference between the strengthening
Q49: The real exchange rate:<br>A) measures how many
Q50: In a small open economy, if domestic
Q51: Major improvements in computer information technology and
Q52: In a small open economy, if the
Q53: If a U.S. corporation sells a product