Many Government Interventions to Restrict Trade Between Countries

question 241

Multiple Choice

Many government interventions to restrict trade between countries

• A)have increased economic efficiency.
• B)involve a foreign firm attempting to monopolize a domestic market.
• C)involve the existence of public goods.
• D)have harmed rather than improved economic performance.
• E)have improved a country's economic performance.

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Definitions:

Agricultural

Relating to the cultivation of land and breeding of animals and plants to provide food, fiber, medicinal plants, and other products.

Government Ownership

The possession and control of enterprises, assets, or property by a governmental body or authority, rather than private individuals or companies.