After the Great Depression, the USA adopted _________  in order to protect local employment opportunities through reducing the amount of imports.*

Due to the Great Depression in the 1930s, countries responded to Blank______.Multiple choice question.drops in employment and output by raising their tariffsdrops in employment and output by reducing their tariffsrising employment and output by raising their tariffsrising employment and output by reducing their tariffs

10) An export subsidy will cause the term of trade of the ________ country to ________ andwill ________ the countryA) importing; suffer; benefitB) exporting; improve; benefitC) importing; improve; harmD) importing; suffer; harmE) exporting; suffer; harm

3. The disappointment with import-substitution policies is in part becauseA) of the rapid and continuous growth record of South American countries.B) many countries pursuing this strategy experienced stagnation in their growth.C) this policy is inconsistent with sophisticated economic growth models.D) this policy tended to create world-class industrial competitors.E) of the financial investment lost by the U.S.

After World War II, the United States has pursued a broad policy ofA) removing barriers to international trade.B) restricting trade of manufactured goods.C) isolating Iran and other members of the "axis of evil."D) protecting the U.S. from the economic impact of oil producers.E) strengthening "Fortress America" protectionism

After the British embargo at the end of the War of 1812 was lifted,Multiple choice question.the United States entered a long depression.the United States had surplus cotton it could not sell on the international market.Americans resumed buying all of their goods from Britain.the U.S. government adopted policies aimed at economic expansion.