Examlex
Which of the following is a reason why Great Britain and the United States could finance their deficits by borrowing private money since the early 1970s?
Trade Restrictions
Trade restrictions are governmental policies or regulations that limit international trade, including tariffs, quotas, and non-tariff barriers, with the aim of protecting domestic industries.
World Price
The international market price of a good or service, determined through the global supply and demand forces.
World Demand
The total demand for goods and services from all countries around the globe.
World Supply
The total amount of a particular good or service that is available to consumers globally.
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