Subsidies to domestic firms may lead to
a. an increase in prices.
b. higher volume of exports.
c. higher volume of imports.
d. increase in welfare of the trading partner.
b. higher volume of exports.
You might also like to view...
The equation "Ending balance in retained earnings = Beginning balance in retained earnings + Net operating income - Dividends" highlights the connection between the balance sheet and income statement and recognizes the fact that net operating income is essentially embedded within retained earnings on the balance sheet.
Answer the following statement true (T) or false (F)
Previous studies point to the fact that cultures of ____________ promote well-being in contrast to cultures of _________ which tend to foster psychological distress.
a. Independence; interdependence b. Interdependence; independence c. Inter-relational ; non- relational d. Non-relational; inter-relational
Chevron and other refiners emphasize material resources in the conversion process. This implies that the material resources are the ____ of the conversion process.
A. catalyst B. technology C. output D. impetus E. focus
Which of the following bond mutual funds has both the lowest default risk and the lowest interest rate risk?
A) Short-term Treasury B) Long-term Ginnie Mae C) Long-term corporate D) Short-term high yield