Restrictions on Imports

question 163

Multiple Choice

Restrictions on imports

• A) eventually reduce exports, too.
• B) enhance economic welfare by encouraging more exports.
• C) are the quickest way for a country in recession to start on a path of economic recovery.
• D) usually have no long-run effects on an economy.

---

Definitions:

Term Paper

An extensive research paper written by students over an academic term, representing a significant portion of their grades.

Assignment

A task or piece of work assigned to someone as part of a job or course of study.

Components

Constituent parts or elements of a larger whole, often used in the context of electronics, mechanisms, or in abstract terms for concepts.

Cramming

An intensive, short-term study strategy where large amounts of information are memorized in a small amount of time, often used before exams.