question archive Which of the following government actions are consistent with a policy of free trade? 1)government requires that all imported toys meet the same safety standards that are met by domestically produced toys 2)government imposes an 10
Which of the following government actions are consistent with a policy of free trade? 1)government requires that all imported toys meet the same safety standards that are met by domestically produced toys 2)government imposes an 10
Subject:EconomicsPrice:2.84 Bought5
Which of the following government actions are consistent with a policy of free trade?
1)government requires that all imported toys meet the same safety standards that are met by domestically produced toys
2)government imposes an 10.5% tax on both imported and domestically produced cheese
3)government refuses to tax purchases of solar panels regardless of where the solar panels are produced
4)all of the above
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Government refuses to tax purchases of solar panels regardless of where the solar panels are produced
Step-by-step explanation
Under free trade, commodities are not expected to be taxed regardless of where they are manufactured. Free trade takes natural course without quotas, tariffs, or other trade restrictions restrictions
