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5. The following graph shows the Gross National Product of the U.S. from 1927 to 1934. How did U.S. economic policies contribute to the change in the Gross National Product from…
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5. The following graph shows the Gross National Product of the U.S. from 1927 to 1934. How did U.S. economic policies contribute to the change in the Gross National Product from…
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Mar 27, 2022
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5. The following graph shows the Gross National Product of the U.S. from 1927 to 1934.
How did U.S. economic policies contribute to the change in the Gross National Product from
1927 to 1934?
A. Protectionist policies decreased international business.
B. Increased foreign competition lowered domestic prices.
C. Agricultural subsidies made foreign trade profitable.
D. Free trade agreements resulted in fewer trading partners.
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Answer:
B. Increased foreign competition lowered domestic prices.
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