According to the Open-Economy Macroeconomic Model,import Quotas Increase Which of the Following

question 162

Multiple Choice

According to the open-economy macroeconomic model,import quotas increase which of the following

• A)net exports and net capital outflow
• B)net exports but not net capital outflow.
• C)net capital outflow but not net exports.
• D)neither net exports nor net capital outflow.

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Definitions:

Claude Henri Saint-Simon

A French social theorist and one of the chief founders of Christian socialism, advocating for a society led by intellectuals and industrialists to improve conditions for the poor.

The Middle-Ages

A period in European history from the fall of the Roman Empire in the West (5th century) to the start of the Renaissance (14th-15th century).

George Simmel

A German sociologist and philosopher known for his analyses of modern urban life, social structures, and the philosophy of money.

Macro-Level

Analysis or perspectives that focus on large-scale systems, structures, or processes within societies or organizations.