A reduced share of the world export market for the United States would be attributed to?

A. Decreased productivity in u.s manufacturing
B. High incomes of american households
C. Relatively low interest rates in the united states
D. High levels of investment by american corporations

For the United States automobiles are ?

A. Imported, but not exported
B. Exported, but not imported
C. Exported and imported
D. Neither imported not exported

The real income of domestic producers and consumers can be increased by ?

A. Technological progress, but not international trade
B. International trade but not technological progress
C. Technological progress and international trade
D. Neither technological progress nor international trade

Which American industry has least been affected by import competition in recent years ?

A. Automobiles
B. Steel
C. Radios and tvs
D. Computer software

Increased foreign competition tend to ?

A. Intensify inflationary pressure at home
B. Induce falling output per worker-hour for domestic workers
C. Place constraints on the wages of domestic workers
D. Increase profits of domestic import competing industries

Major trading partners of the United States including all of the following countries except ?

A. Canada
B. Mexico
C. China
D. North korea

Recent pressures for protectionism in the United States have been motivated by all of the following except ?

A. U.s firms shipping component production overseas
B. High profit levels for american corporations
C. Sluggish rates of productivity growth in the united states
D. High unemployment rates among america workers

International trade in goods and services is sometimes used as a substitute for all of the following except ?

A. International movements of capital
B. International movements of labor
C. International movements of technology
D. Domestic production of different goods and services

International trade forces domestic firms to become more competitive in terms of ?

A. The introduction of new products
B. Product design and quality
C. Product price
D. All of the above

International trade is based on the idea that ?

A. Exports should exceed imports
B. Imports should exceed exports
C. Resources are more mobile internationally than are goods
D. Resources are less mobile internationally than are goods