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Correct Answer: B) Protectionism.
Correct Answer: C) Sanctions and embargoes.
Correct Answer: B) Resources are not equally distributed among all nations.
Correct Answer: A) Answers the What, How and For Whom questions the way they have always been answered.
Correct Answer: C) Capacity to produce goods at the lowest opportunity cost.
Correct Answer: B) Imports.
Correct Answer: C) Opportunity cost.
Correct Answer: C) Migration.
Correct Answer: E) 5.
Correct Answer: A) Trade barrier.
Correct Answer: B) It gives countries access to products that they cannot produce.
Correct Answer: A) Import quota.
Correct Answer: B) Canadian Anti-Spam Legislation (CASL).
Correct Answer: B) Export.
Correct Answer: C) There will be no restrictions on the number of goods coming in.
Correct Answer: B) Trade Surplus.
Correct Answer: D) Increase profitability.
Correct Answer: D) None of the above.
Correct Answer: D) Both statement are True.
Correct Answer: B) Cheap raw materials.
Correct Answer: E) P&G.
Correct Answer: D) Japanese auto makers.
Correct Answer: A) Generalized System of Preferences (GSP).
Correct Answer: B) Fishbone diagram.
Correct Answer: C) Comparative advantage based on different factor endowments.