Protectionism Arises Because

question 47

Multiple Choice

Protectionism arises because

• A)people misunderstand the benefits of free trade
• B)trade generally harms some groups in society
• C)the costs of free trade outweigh the benefits for all groups in society
• D)the costs of trade for both exporting and importing nations outweigh the benefits
• E)of a lack of comparative advantage

Analyze the effects of changes in interest rates on the supply and demand for loanable funds.

Identify the factors influencing private and public saving within the closed and open economy models.

Explain the relationship between government budget deficits/surpluses and their impact on national saving and the loanable funds market.

Understand how investment decisions are influenced by changes in interest rates.