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.


D

Economics

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If an average cost pricing rule is imposed on the natural monopoly shown in the figure above, then consumer surplus will be

A) $0. B) $8 million. C) $9 million. D) $16 million.

Economics

The teal book is the Fed research document containing

A) the forecast of national economic variables for the next three years. B) forecasts of the money aggregates conditional on different monetary policy stances. C) information on the state of the economy in each Federal Reserve district. D) both A and B. E) A, B and C.

Economics

Assume the following data: Sales = 3200; Cost of goods sold = 1600; Average total assets = 1600; Average inventory = 200. Calculate the days in inventory.

A) 18.3 B) 45.6 C) 22.8 D) 16.0

Economics

The Reliable Auto Repair Shop has total revenue of $5,000. It has total fixed costs of $700 and total variable costs of $2,500. The Reliable Auto Repair Shop's profit is

A. -$3,200. B. $1,800. C. $2,500. D. $4,300.

Economics