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Quiz #3 - 0 out of 2 points Tariffs and quotas Selected...

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Questio n 1 2 out of 2 points The United States' exports are about what percentage of U.S. GDP? Selected Answer: Correct Answer: Questio n 2 2 out of 2 points In recent years the United States has: Selected Answer: Correct Answer: Questio n 3 0 out of 2 points U.S. tariffs on imported goods: Selected Answer: Correct Answer: Questio n 4 2 out of 2 points A trade deficit occurs for a nation when it: Selected Answer: Correct Answer: Questio n 5 2 out of 2 points Import quotas are: Selected Answer: Correct Answer: Questio n 6 2 out of 2 points Nontariff barriers are: Selected Answer: Correct Answer:
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Questio n 7
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Unformatted text preview: 0 out of 2 points Tariffs and quotas: Selected Answer: Correct Answer: Questio n 8 2 out of 2 points The business cycle depicts: Selected Answer: Correct Answer: Questio n 9 2 out of 2 points The term "recession" describes a situation where: Selected Answer: Correct Answer: Question 10 2 out of 2 points Real GDP measures the: Selected Answer: Correct Answer: Question 11 2 out of 2 points Inflation is defined as: Selected Answer: Correct Answer: Question 12 2 out of 2 points Prices tend to be sticky because: Selected Answer: Correct Answer:...
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