Since 1976 our merchandise balance of trade has been ____ and our services balance of trade has been _____.
A. positive; positive
B. negative; negative
C. negative; positive
D. positive; negative
C. negative; positive
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Answer the following statements true (T) or false (F)
1. All illegal immigrants enter the U.S. and arrive here illegally. 2. Current U.S. immigration law is heavily weighted toward family reunification. 3. There was a big spike in legal immigration into the U.S. in 1989-1991, resulting from an amnesty program through which many formerly illegal immigrants became legal residents. 4. In 2011, refugees comprised a bigger portion of total legal immigration into the U.S. than employment-based immigrants.
If supporters of restrictions on imports argue that protection is needed to preserve a strategic industry, which of the following is being used?
A) Protecting national culture argument B) Infant-industry argument C) Save domestic jobs argument D) National security argument E) Dumping argument
An increase in the amount of currency held by the public will raise the value of the deposit expansion multiplier
a. True b. False Indicate whether the statement is true or false
Critically evaluate the following statement. "Only if a country enjoys an absolute advantage in the production of a particular good will that country find it beneficial to trade it with another country
What will be an ideal response?