The main beneficiaries of international trade in Canada have been American Consumers. American firms. Canadian firms. Canadian consumers. all firms and consumers involved benefit equally.

Regional trade agreements cover only imports and exports. True False

Trade between the United States and Honduras         is a losing proposal for the U.S. because Honduran labor is less expensive than U.S. labor.       is a losing proposal for Honduras because capital is more abundant in the U.S. than in Honduras.       benefits both the United States and Honduras.     is a losing proposal for Honduras because U.S. workers are more productive than Honduran workers.

Which one of the following policy tools does not place barriers to international trade or finance? tariffs capital controls domestic content requirements foreign trade zones trade quotas

Japan employed strategic trade policy to further its national interests. Give an example of an industry that benefitted from this practice.

Q78 The main objective of protectionist trade policies is typically to... a. Maximise world production. b. Shield local producers from foreign competition. c. Create a level playing field. d. Raise government revenues through tariffs. e. Raise average real wages in the economy.

NAFTA has produced significant benefits for the Canadian, Mexican, and U.S. economy. Discuss.   please help with this discussion post

All of these restrict international trade EXCEPT quotas subsidies trade deficit embargoes

A small country imports T-shirts. With free trade at a world price of $10, domestic production is 10 million T-shirts and domestic consumption is 42 million T-shirts. The country's government now decides to impose a quota to limit T-shirt imports to 20 million per year. With the import quota in place, the domestic price rises to $12 per T- shirt and domestic production rises to 15 million T-shirts per year. The quota on T- shirts causes domestic consumers to A) gain $7 million. B) lose $7 million. C) lose $70 million. D) lose $77 million

Which of the following describe technical barrier to trade? Select all that apply. Government controls imposed on the flow of capital into or out of the country ☐ Two prospective trading partners being very distant from one another O Trading partners struggling to made trade deals because of the inability to communicate seamlessly and effectively ☐ Imposition by a country of a numerical limit on how much sugar can be imported under a low tariff ☐ Agricultural subsidies provided by the U.S. government to corn farmers Two countries agreeing to eliminate all tariffs on goods traded between them