QUESTION 8All of the following factors have contributed to the rapid expansion of international trade since the 1980s, except forO A. progress in communications.O B. trade agreements.O C. lower transportation costs.O D. protectionism.O E. lower tariffs.QUESTION 9YearCPI2001177.12002179.92003184.0Consider the following values of the consumer price index for 2001, 2002, and 2003. The inflation rate in 2003 was equal toO A. 1.02 percent.O B. 2.28 percent.OC. 2.23 percent.O D. 1.56 percent.O E. 1.58 percent.

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QUESTION 8 All of the following factors have contributed to the rapid expansion of international trade since the 1980s, except for O A. progress in communications. O B. trade agreements. OC. lower transportation costs. O D. protectionism. O E. lower tariffs.

QUESTION 8 All of the following factors have contributed to the rapid expansion of international trade since the 1980s, except for O A. progress in communications. O B. trade agreements. OC. lower transportation costs. O D. protectionism. O E. lower tariffs.

ENGR.ECONOMIC ANALYSIS

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Chapter1: Making Economics Decisions

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