If All Countries Try to Expand Their Exports and Restrict

question 126

Multiple Choice

If all countries try to expand their exports and restrict their imports through the use of export subsidies and import tariffs,the net effect will probably be

• A)a fall in the volume of trade and an increase in the standard of living in each country.
• B)a fall in the volume of trade and a decline in the average living standards in each country.
• C)an increase in the volume of trade but little change in unemployment levels.
• D)no change in the volume of trade but an increase in the overall unemployment rates.
• E)no change in the volume of trade but less unemployment.

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Definitions:

Peer Play

The interactive play among children of the same age or developmental level, crucial for social development.

Emotional Expression

The process by which people display their feelings and emotions, often through body language, facial expressions, and vocal tones.

Social Referencing

Using another person’s reaction to a situation to form one’s own response.

Indiscriminate Attachment

A phase in early child development where infants show no preference for specific caregivers and seek comfort from any adult.