One important issue in the Uruguay round of GATT was
A. the question of the Euro's convertibility.
B. the use of trade as a diplomatic weapon.
C. the placement of the WTO offices in Uruguay.
D. the treatment of copyrighted material.
Answer: D
You might also like to view...
Your scholarship depends on your maintaining a 3.5 cumulative GPA. Your GPA for last semester was 3.6, which brought your cumulative GPA down. What must be true?
A. Last semester's grades were lower than your overall GPA. B. Last semester's grades were higher than your overall GPA. C. If this semester's grades are the same as last semester's, you might lose your scholarship. D. If this semester's grades are the same as last semester's, your overall GPA will stay the same.
Assuming imperfect perfect capital mobility, the BP schedule is
a. vertical. b. horizontal. c. upward sloping. d. downward sloping. e. flat.
If View Your World, a high-end window manufacturer, directly pays all of the transaction costs, the total cost to produce its windows includes all of the following except which one?
A) the cost of producing the windows B) the cost of transporting the inputs to make the windows to the plants C) the cost of transporting the product to its customers D) the cost to add another production plant
The term opportunity cost refers to the
a. value of what is gained when a choice is made. b. difference between the value of what is gained and the value of what is forgone when a choice is made. c. value of what is forgone when a choice is made. d. direct costs involved in making a choice.