It Is Sometimes Contended That by Imposing Import Controls a Country

question 54

Multiple Choice

It is sometimes contended that by imposing import controls a country might be able to increase its exports.This contention is premised on ________.

• A)the country's simultaneous currency depreciation, which decreases the price of its exports
• B)using the import taxes to institute efficiency measures in potential export industries
• C)raising domestic prices in one industry so that the excess domestic profits in that industry can compensate for the cost of dumping products from another industry into foreign markets
• D)getting other countries to maintain or relax their current import restrictions instead of escalating restrictions in a trade war

Identify the roles of key ethnic groups and their adaptations in the colonial American society.

Comprehend the impact of European conflicts and treaties on the colonial and indigenous populations.

Appreciate the influence of Enlightenment ideas and the consumer revolution on colonial society.

Grasp the significance of evangelical Protestantism and the division between New Lights and Old Lights in shaping colonial religious life.

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Definitions:

Credit Bureaus

Agencies that collect and maintain individual credit information for issuing credit scores and reports to potential creditors.

Receivables Policy

A set of practices a company uses to manage its accounts receivable, which includes how it extends credit and collects debts.

Due Dates

Specific dates by which obligations, such as bill payments or assignments, must be fulfilled or submitted.

Trade Credit

It is a type of commercial financing in which a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date.