Which of the Following Is Most Likely to Increase Canadian

question 136

Multiple Choice

Which of the following is most likely to increase Canadian exports?

• A)The government increases its spending.
• B)The government reduces the size of the budget surplus.
• C)Canada reduces its restrictions on foreign imports.
• D)Taxes on domestic saving rise.

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Definitions:

Manufacturers

Manufacturers are entities engaged in the industrial production of goods from raw materials through the use of machinery and labor.

Market

A place or mechanism where buyers and sellers converge to trade goods, services, or resources.

Production Possibility Frontier

A curve representing the maximum combinations of goods or services that can be produced with limited resources.

Bowed Out

A description usually of production possibilities frontier that shows increasing opportunity costs.