Unilateral Sanctions by the U.S.government Are Usually

question 25

Multiple Choice

Unilateral sanctions by the U.S.government are usually

• A)effective because of the magnitude of the U.S.economy.
• B)effective because of the strength of the U.S.military.
• C)ineffective because the target of the sanctions can simply trade elsewhere.
• D)ineffective because federalism allows individual states to circumvent the sanction's trading rules.
• E)effective because they inspire other countries to follow suit.

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Definitions:

Foreign Exchange

The exchange of one currency for another or the conversion of one currency into another currency.

Imperfectly Competitive

A market structure where not all participants have equal ability to influence prices, with variations in products and control.

Marginal Revenue

The additional revenue that will be generated by increasing product sales by one unit.

Output

Output refers to the quantity of goods or services produced by a company, industry, or economy within a certain period.