The group that benefited the most from international trade has been people who:
A. no one has benefited.
B. owners of firms.
C. financed international trade.
D. managed firms.
Answer: C
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Which primary trade partner of India suffered setbacks that ultimately helped lead India to embark on economic reform?
A) The United Kingdom B) The United States C) The Soviet Union D) South Korea
Suppose the economy's production function is Y = AK0.3N0.7. When K = 1000, N = 50, and A = 15, what is Y?
A) 1842 B) 6106 C) 750,000 D) 123
As a percentage of nonfarm workers, union membership in the United States grew most rapidly since 1945
a. True b. False Indicate whether the statement is true or false
A tax cut can best be characterized as
A. Either fiscal or supply-side policy. B. Fiscal policy only. C. Monetary policy only. D. Supply-side policy only.