Social Studies, 17.11.2019 15:31, mfr81

16. a country has an economic boom and can afford to increase imports from a second country. what is likely to happen in the second country?
a. a recession
b. an economic boom
c. a depression
d. increased taxes

17. the united states signs a free trade agreement with another country that has dramatically different resources. how would this trade treaty affect the united states?
a. businesses will most likely not offer a variety of products.
b. consumers will face higher prices as trade deficits increase.
c. industries will increasingly focus on using interdependence.
d. producers will be put out of business as more interesting products enter the mark

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16. a country has an economic boom and can afford to increase imports from a second country. what is...