The use of pollution permits by the government to reduce pollution is:
A. theoretically interesting, but untried in the United States.
B. common in several parts of the United States.
C. common in the third world.
D. workable in theory but unworkable in practice.
Answer: B
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All of the following are arguments in support of protectionist legislation except:
A. increasing global trade. B. supporting infant industries. C. preserving domestic employment. D. promoting national security.
During war, the remuneration and other benefits provided to soldiers increased substantially to attract young individuals from different private security jobs to the armed forces. This wage differential was created by: a. a labor union
b. efficiency wages. c. labor shortages. d. discrimination.
Which of the following transactions is not a use of funds for Country A?
a. Imports to Country A from the rest of the world. b. Increases in Country A's central bank reserve assets. c. Dividends Country A pays to the rest of the world. d. Loans to Country A from the rest of the world. e. None of the above is a use of funds.4.Sources of funds in the balance of payments are: a. Increases in liabilities and reductions in assets relative to the rest of the world. b. Increases in assets and reductions in liabilities relative to the rest of the world. c. Increases in liabilities and assets relative to the rest of the world. d. Decreases in assets and liabilities relative to the rest of the world.5.Uses of funds in the balance of payments are: a. Increases in liabilities and reductions in assets relative to the rest of the world. b. Increases in assets and reductions in liabilities relative to the rest of the world. c. Increases in liabilities and assets relative to the rest of the world. d. Decreases in assets and liabilities relative to the rest of the world.
According to the textbook, NAFTA was expected to help which country exploit its comparative advantage in the production of goods made by unskilled labor?
A. The USA B. Cuba C. Canada D. Mexico