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 Flows

The net amount of cash being transferred into and out of a business.

Operating Activities

The principal revenue-producing activities of the entity and other activities that are not investing or financing activities.

Bad Debts Expense

Represents the recognition of accounts receivable that are not expected to be collected.

Non-Current Assets

Assets owned by a company not expected to be converted to cash or used within the business's operating cycle or fiscal year.