POS 486 FINAL EXAM (POS 486 FINAL EXAM)
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POS 486 - FINAL EXAM. QUESTIONS WITH ANSWERS. COMPLETE SOLUTIONS (A+ GRADE).
- Exam (elaborations) • 15 pages • 2021
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POS 486 - FINAL EXAM. QUESTIONS WITH ANSWERS. COMPLETE SOLUTIONS (A+ GRADE). 
 
Question 1 
Free trade alters supply and demand by 
Selected 
Answer: 4. 
providing gains in the form of increased revenue to 
domestic producers 
Correct 
Answer: 2. 
lowering the price, thereby increasing the quantity 
demanded 
Response 
Feedback: 
See Chapter 3, "The Economic Case for Free Trade" 
and Lecture 3 
 Question 2 
In a liberalized country with an abundance of labor and land but little capital, we ...
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POS 486 FINAL EXAM_ POS486 Final Exam Questions and Answers(Graded A) Latest 2021
- Exam (elaborations) • 14 pages • 2021
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POS 486 FINAL EXAM 
•	Question 1 
	 
 
Free trade alters supply and demand by 			 
	Selected Answer:	 4. 
providing gains in the form of increased revenue to domestic producers 
Correct Answer:	 2. 
lowering the price, thereby increasing the quantity demanded 
Response Feedback:	See Chapter 3, "The Economic Case for Free Trade" and Lecture 3 
			 
•	Question 2 
	 
 
In a liberalized country with an abundance of labor and land but little capital, we would expect			 
	Selected Answer:	 2...
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