Ultimately, trade agreements are necessary because
A. farmers need to be assured of access to foreign markets.
B. exports make everyone worse off.
C. tariff reduction can be politically popular within many countries.
D. tariff reduction can be politically unpopular within many countries.
Answer: D
You might also like to view...
According to the graph shown, if this economy were an autarky, producers would enjoy area:
This graph demonstrates the domestic demand and supply for a good, as well as the world price for that good.
A. A.
B. ABC.
C. H.
D. HDE.
Elasticity of demand equals the ratio of the percentage change in the price of a good to the percentage change in the quantity demanded
a. True b. False Indicate whether the statement is true or false
Income is created when
a. individuals supply others with productive resources that they value. b. the government levies taxes on some and transfers the revenues to others. c. the general level of prices increases. d. shares of stock are sold from their current owner to another party.
Which of the following is true of standard error?
A. It can take negative values. B. ?It is an estimate of the standard deviation. C. ?It is the square root of the variance. D. It complicates the computation of confidence intervals.