Eliminating Trade Barriers Does All of the Following Except

question 348

Multiple Choice

Eliminating trade barriers does all of the following except

• A)increases economic efficiency.
• B)lowers incomes.
• C)lowers domestic prices.
• D)All of the above occur when trade barriers are eliminated.

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Computer Network

A set of computers connected together for the purpose of sharing resources, data, and applications.

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The specific physical or intangible attributes that distinguish one product from another.

Product Class

A broad category that groups products based on common characteristics, uses, or target market.

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The differences or deviations in data, objects, or phenomena, which may be natural or a result of external influences.