Economists Are Generally in Support Of

question 199

Multiple Choice

Economists are generally in support of:

• A)government restrictions on trade.
• B)free international trade.
• C)tariffs to restrict trade.
• D)subsidizing exports.

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Definitions:

Distribution Chain

A sequence of intermediaries that goods pass through from the manufacturer to the final consumer.

Intermediary

Entities or individuals that act as a mediator or a link between two parties, typically in a transaction or communication process.

Legal Authority

The officially sanctioned power to make decisions, to direct others, or to enact laws or directives.

Manufacturer

An entity or business that produces goods on a large scale using raw materials and various processes, typically involving machinery and labor.