Which of the following does NOT indicate intraindustry trade?
A) Trading Jeeps for Toyotas
B) Trading Boeing airplanes for Airbus airplanes
C) Trading Bush beer for Heineken beer
D) Trading Japanese-made films for Hollywood-made films
E) Trading oil for trucks
E
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________ is the study of economic aggregates and the economy as a whole
A) Ergonomics B) Econometrics C) Macroeconomics D) Microeconomics
Comparing developed and developing nations in their use of tariffs, we see that
A) the developing nations' governments get very little revenue from tariffs. B) both governments get large amounts of revenue from tariffs. C) many developing nations' governments get a large portion of their revenue from tariffs. D) developing nations almost never impose tariffs because they want their people to obtain goods and services at the lowest possible price. E) developed nations rely much more than developing nations on tariff revenue.
Explain how comparative advantage, specialization and division of labor are related
What will be an ideal response?
Congress initially intended for the Medicaid program to provide basic safety net coverage for certain vulnerable populations, including all the following but one.
a. Disabled individuals less than 65 b. Working age adults without dependents c. Single, pregnant women with or without dependents d. Single men with dependents e. Children in low-income households