In Contrast,policies and Actions That Reduce Trade Restrictions and Promote

question 71

Multiple Choice

In contrast,policies and actions that reduce trade restrictions and promote free trade are often referred to as:

• A)trade liberalization.
• B)trade protectionism.
• C)free trade politicism.
• D)autarky.

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Definitions:

Large Sample Sizes

The use of a substantial number of participants or observations in research to increase the validity and reliability of the findings.

Inferential Statistics

It is the branch of statistics that deals with drawing conclusions and making predictions about a population based on a sample.

Chi-square Test

A statistical approach designed to test for a significant link between two categorical variables.

T Test

An analytical procedure designed to assess the means of two sets to identify if a notable difference is present.