Which of the following explains the impact of the expansion of international trade on the demand for less skilled workers in the United States?
A. An increase in international trade has increased the demand for less skilled workers.
B. An increase in international trade has decreased the demand for less skilled workers.
C. An increase in international trade has had little impact on the demand for less skilled workers.
D. The impact of the expansion of international trade on the demand for less skilled workers in the United States varies from year to year.
Answer: B
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A) a shift in strategy that emphasized exports rather than imports B) an increase in wages C) an increase in the labor force D) an increase in the money supply E) an emphasis on education, leading to a highly productive labor force
Physical destruction of property during the Civil War (1861–1865) occurred on a wide scale in both the North and the South
Indicate whether the statement is true or false
In an enforceable contract one or both parties could invest too little in relationship-specific assets that increase the economic value their joint efforts can create
Indicate whether the statement is true or false
The supply curve for the monopolist
a. is horizontal. b. is vertical. c. is upward sloping. d. does not exist.