Members of the Board of Governors

question 58

Multiple Choice

Members of the Board of Governors

• A)must resign when the President who has appointed them leaves office.
• B)may serve no more than three consecutive four-year terms.
• C)serve for life or good behavior.
• D)serve one nonrenewable fourteen-year term.

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Definitions:

Trade Protection

Measures implemented by governments to regulate international trade and protect domestic industries from foreign competition.

Import-Competing Producers

Manufacturers or firms within an economy that produce goods which are in competition with imported goods from other countries.

Free Trade

International trade left to its natural course without tariffs, quotas, or other restrictions.

Canadian Labor

The workforce of Canada, including all employed and unemployed individuals actively seeking work within the country.