Which of the Following Statements Regarding Cross-Border Trade and Investment

question 20

Multiple Choice

Which of the following statements regarding cross-border trade and investment is not true?

• A)"Protection" from foreign competitors has been,at times,demanded by the United States.
• B)Forecasts indicate a return to the restrictive trade policies of the 1920s and 30s.
• C)If trade barriers decline no further they will put a brake upon the globalization of both markets and production.
• D)It is not clear whether the political majority in the industrialized world favors further reductions in trade barriers.

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