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☆☆☆☆☆Cards in this guide (10)
The government can prevent the shortages that accompany price ceilings by doing what
Rationing
The process of globalization involves an increase in what
The mobility of goods, services, labor, and capital
How might a country respond to a trade embargo
It could pursue a policy of national self-sufficiency.
What does complying with consumer-protection regulations do
Complying with consumer protection regulations increases production costs and raises prices.
Which of the following does not promote increased international trade and economic growth
Type your answer here... High tariffs
If developing countries have weak domestic industries they do not benefit from what
Free-trade policies
What is required for specialization to take place
A Division of labor
What is largest difference between developed and developing countries
the level of wealth
What is an example of a labor law in economics
A restriction on when a union may call a strike
How does globalization hurt the United States economy
by bringing wage reductions
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