1. What two main methods do governments use to intervene in international trade?
a) trade promotion and trade restriction
b) subsidy and currency controls
c) foreign trade zones and embargoes
2. If living standards in a country, as measured by output per person, increase, then total output must have:
increased more rapidly than population increased.
increased at the same rate that population increased.
increased more slowly than population increased.
decreased more rapidly than population decreased.