Which of the Following Is NOT a True Statement

question 18

Multiple Choice

Which of the following is NOT a True statement?

• A) Trade barriers are usually a good way of protecting jobs.
• B) There have been significant reductions in trade barriers over the last 60 years.
• C) Economists generally favor further reductions in trade barriers.
• D) There are diminishing returns to trade negotiations.

---

Definitions:

Sales Discount

A reduction in the price of goods or services offered to a customer, typically to encourage prompt payment or bulk purchasing.

Debit Balance

The condition of an account when the total of debits exceeds the total of credits, typically indicating assets or expenses.

Merchandisers

Companies or individuals involved in the business of retailing or wholesaling goods.

Wholesalers

Merchants who buy goods from suppliers and manufacturers for sale to retailers.