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A competition is when sellers compete for dollars.
True
Command Economy
True
Firms
Quotas
False
Tariff
command
A tax of 15% makes jewelry from Mexico more expensive than jewelry make in the United States.This is an example of which trade barrier?
True
Command Economy
True
Firms
Quotas
False
Tariff
command
Bartering is trading without money.
True
Command Economy
True
Firms
Quotas
False
Tariff
command
Korea may export only 15,000 automobiles a year to the United States. This is an example of which trade barrier?
True
Command Economy
True
Firms
Quotas
False
Tariff
command
Incentive is expected results that make people act in a different manner.
True
Command Economy
True
Firms
Quotas
False
Tariff
command
When supply and price are controlled by the government instead of market it is called a
True
Command Economy
True
Firms
Quotas
False
Tariff
command
Government controls what to produce in what system
True
Command Economy
True
Firms
Quotas
False
Tariff
command
Who can produce whatever they want
True
Command Economy
True
Firms
Quotas
False
Tariff
command
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