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13 multiple choice 5 points true or false: a quota is unlimited on trad…

Question

13 multiple choice 5 points true or false: a quota is unlimited on trade among countries. false true 14 multiple choice 5 points an economic system in which the government controls a countrys economy is what kind of e command economy mixed economy market economy traditional economy 15 multiple choice 5 points what is trade barrier? slows or stops free trade between countries speeds up free trade between countries mixes up free trade between countries starts free trade between countries

Explanation:

Brief Explanations
  1. A quota is a limit on the quantity of goods that can be imported or exported between countries, so it is not unlimited.
  2. In a command - economy, the government makes most of the economic decisions and controls the economy. In a mixed economy, there is a combination of government and private - sector control. In a market economy, the market (supply and demand) determines economic decisions. In a traditional economy, economic decisions are based on customs and traditions.
  3. Trade barriers such as tariffs, quotas, etc. slow down or stop free trade between countries by imposing restrictions.

Answer:

  1. A. False
  2. A. Command Economy
  3. A. Slows or stops free trade between countries