Compared with other bonds, convertible bonds usually have
A) less liquidity.
B) a higher price.
C) a higher yield.
D) low tax payments.
B
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Which of the following issues were not discussed in the recent Doha trade talks?
A) Eliminating export subsidies from agricultural products. B) Eliminating high tariffs and tariff escalation. C) Solving the conflicts of providing cheaper medicines to developing countries while promoting research and development. D) Establishing the basic framework for an all-encompassing world free trade agreement.
We generally expect the price elasticity of supply to be
A) zero. B) negative. C) positive. D) between -1 and +1.
An international agreement from 1947 designed to lower tariffs was
A) the General Agreement on Tariffs and Trade. B) the World Trade Organization. C) the World Agreement on Tariffs and Trade. D) the Trade and Tariff Agreement.
Which term describes a good in which the quantity demanded rises as income rises, and in which quantity demanded falls as income falls?
a. Complement good b. Inferior good c. Normal good d. Superior good