The US government has been running a deficit budget since 2001, one of the reasons attributed to this dilemma is tax cuts. Do you think it is right for government to raise taxes to cut
the deficit? Discuss why you choose the answer that you have chosen and also discuss other
measures government can use to eliminate the deficit.

Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.