The latest, ongoing international round of trade negotiations is called the:

A. Bangkok Round.
B. Doha Round.
C. Seattle Round.
D. Stockholm Round.


B. Doha Round.

Economics

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Which of the following provisions was not a component of the Intolerable Acts?

a. Permitted British officials charged with crimes to be tried in Britain. b. Raised taxes in Boston to pay for the tea destroyed during the Boston Tea Party. c. Provided for the quartering of troops in the city of Boston. d. Revised the charter of Massachusetts to make some rights dependent on the decisions of a governor who was appointed by England.

Economics

Today's exchange rate system can be described as

a. a fixed exchange rate system b. a freely floating exchange rate system c. a pegged exchange rate system d. a flexible exchange rate system e. a managed float

Economics

A backward-bending supply curve of labor implies that

a. if the wage rate offered keeps increasing, at some point, workers will work fewer hours in response to an increase in the wage rate b. the firm can hire any quantity of workers it wishes provided it pays back workers for the lower wage rate it offered c. at higher wage rates, workers will go back to work (overtime) during their off hours d. income and work hours are regarded as back-to-back payments for labor e. wage rates are not an important consideration in the work decision

Economics

The highest expenditure on a security item found in national spending at the federal, state, and local level is on

a. police b. fire c. corrections d. national defense e. Social Security

Economics