Which of the Following Has Not Contributed to an Increase

question 12

Multiple Choice

Which of the following has not contributed to an increase in bankruptcy cases?

• A) Easy availability of consumer credit.
• B) Crash of the U.S. housing market.
• C) Decrease in small businesses.
• D) The 2008 economic downturn.

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Definitions:

Import Competition

The competition that domestic firms encounter from the products and services of foreign producers.

Trade Barriers

Regulations or policies implemented by countries to control the import and export of goods and services.

Import Quotas

Limits set by a government on the quantity or value of certain goods that can be imported into a country.

Domestic Producers

Companies or individuals that produce goods and services within their own country.