Which of the Following Restricts the Volume of International Trade

question 161

Multiple Choice

Which of the following restricts the volume of international trade?

• A) stable prices
• B) tariffs
• C) the law of comparative advantage
• D) a stable international monetary system.

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Definitions:

Cash Budget

An estimation of cash inflows and outflows for a business over a specific period, used for managing liquidity.

Cash Payments

Transactions that involve the transfer of cash from one party to another, often for goods or services.

Cash Balance

The amount of money on hand and in bank accounts, reflecting a company's liquidity.

Direct Labor Cost

The expense incurred by employing workers to produce a product or provide a service, excluding indirect costs such as supervision and administration.