The Trade Adjustment Assistance Program Is Intended to Help

question 174

Multiple Choice

The Trade Adjustment Assistance program is intended to help

• A)businesses that seek to expand exports into protected foreign markets.
• B)local governments that are harmed when businesses fail as imports increase.
• C)protected industries obtain improved technology in order to increase productivity.
• D)workers and businesses that lose markets because of increases in imports.

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Definitions:

Interest Rate

A percentage of a loan amount charged by the lender to the borrower for the use of money.

Money Supply

The grand total of all economic assets measured in currency available at a specific time in an economy, which covers coins, banknotes, and the balances in checking and savings accounts.

Money Supplied

The entire sum of assets in terms of money present within an economy at a given time.

Money Demanded

Money demanded refers to the total amount of money that individuals and businesses in an economy want to hold at any given time, influenced by interest rates and economic activity.