In 2015, full-time workers aged 25 and over with a college degree earned ________ school dropouts
A) 20 times as much as B) 2.5 times as much as high
C) 5 times as much as D) roughly the same amount as
B
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The entry of new firms into an industry will very likely
a. shift the industry supply curve to the right. b. cause the market price to fall. c. reduce the profits of existing firms in the industry. d. All of the above are correct.
Which of the following approaches will help traditional American companies operating in countries like China to protect intellectual property rights?
A. avoiding negotiation and alternative dispute resolution B. complaining to the U.S. government and World Trade Organization C. expecting the home country to actively police their intellectual property D. using IP without registering it with the appropriate agencies in United States E. not engaging local representation
The primary value of real GDP is its ability to measure year-to-year changes in
What will be an ideal response?
Implementing a regional free-trade agreement may have an effect in which, due to reduced tariffs, a nation in the agreement begins to import a product it had previously produced itself. This effect is called:
a. trade creation. b. trade diversion. c. reciprocal trade agreements. d. the employment effect of FTAs.