Which of the Following Is a Positive Statement

question 399

Multiple Choice

Which of the following is a positive statement?

• A) My economics class should last for two terms because it is my favorite class.
• B) An increase in tuition means fewer students will apply to college.
• C) The best level of taxation is zero percent because then people get to keep everything they earn.
• D) The government must lower the price of a pizza so that more students can afford to buy it.

Identify and describe key international economic organizations and their impact on global trade.

Recognize the significance of trade adjustment assistance and the debates surrounding its effectiveness.

Understand the historical and theoretical arguments against protectionism.

Gain knowledge of the scale and significance of international trade for various countries.