A person will be more likely to migrate the:
A. greater the distance they will have to travel from their country of origin.
B. greater the wages in their prospective new country relative to wages in their home country.
C. fewer the number of "beaten paths" that exist to their prospective new country.
D. greater the number of children they have.
Answer: B
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Most regional trade and WTO agreements practice
A) the harmonization standards only. B) separate standards only. C) mutual recognition standards only. D) a combination of harmonization, mutual recognition, and separate standards. E) only the standards set out by the WTO.
Which form of business organization creates a separate legal being?
a. partnerships and proprietorships b. only proprietorships c. only partnerships d. only corporations e. corporations and partnerships
If you buy a commemorative Princess Diana stamp issued by the British government, the purchase is considered part of
a. C b. I c. G d. X e. M
Which of the following statements is true regarding potential information problems faced by consumers?
a. Sellers have little incentive to inform customers about their products. b. The market provides consumers with a strong incentive to acquire information. c. Information problems tend to be most problematic for items consumers purchase regularly. d. In markets, people make all decisions with full information.