A) Aims to redistribute wealth among citizens
B) Emphasizes government interventions in market activities
C) Advocates for high levels of government spending
D) Focuses on boosting long-term economic growth by increasing the supply of goods and services

A) Income taxes
B) Unemployment benefits
C) Tariffs
D) Social security payments

A) It makes exports more expensive and can reduce competitiveness
B) It decreases the cost of exports and boosts competitiveness
C) It leads to increased demand for exports
D) It has no effect on export levels

A) To promote consumer choices
B) To limit the quantity of a specific imported good
C) To stabilize currency exchange rates
D) To encourage domestic production of imports

A) To impose trade restrictions for national security reasons
B) To eliminate tariffs and reduce trade barriers among participant countries
C) To control the exchange rates between participating countries
D) To regulate the prices of imported goods

A) To control international trade agreements
B) To increase government intervention in market activities
C) To ensure fair competition and prevent anti-competitive practices in markets
D) To funnel government subsidies to favored industries

A) To promote regional economic integration
B) To regulate international trade and resolve trade disputes
C) To enforce domestic tax policies
D) To oversee environmental conservation efforts

A) Foreign exchange market interventions.
B) Interest rate adjustments.
C) Government spending.
D) Income tax collection.

A) Tax incentives for corporations
B) Import tariffs
C) Antitrust laws
D) Trade embargoes

A) Tax deductions for charitable donations
B) Tax incentives for foreign investors
C) Reducing income tax on high earners
D) Taxation on assets to reduce wealth inequality

A) A direct relationship – higher unemployment is associated with higher inflation.
B) An inverse relationship – lower unemployment is associated with higher inflation.
C) Both move in the same direction – higher unemployment leads to lower inflation.
D) There is no relationship between inflation and unemployment.

A) Lowering currency exchange rates
B) Raising interest rates to control inflation
C) Central bank's purchase of financial assets to increase money supply
D) Restricting bank lending activities

A) Minimum wage legislation.
B) Infrastructure spending.
C) Open market operations.
D) Social security benefits.

A) Promoting free trade agreements
B) The use of trade barriers to protect domestic industries from foreign competition
C) Encouraging foreign direct investment
D) Supporting international trade organizations