According to the _____________________ argument, a market-oriented economy has no obvious way to implement a plan of systematic wage reductions.  

Tariffs are taxes imposed on _________________.  

Question 5. a)

The underlying reason why trade benefits both sides of a trading arrangement is rooted in the concept of            .  

The _____________ is an example of a large-scale common currency.

. An increase in the government’s budget surplus will cause the interest rate to:

Question 5. e)

The United States national minimum wage is _____________.  

A prolonged period of budget deficits may lead to ___________________.

The membership of the WTO includes about __________ nations.