A French firm sells its good at a lower price in England than in France. It follows that the French firm is necessarily
A) dumping.
B) saving domestic jobs.
C) being subsidized by the French government.
D) part of an infant industry.
E) none of the above
E
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Which of the following is likely to happen if the government of a country lowers import tariffs?
A) The domestic producers will be safe from foreign competition. B) The revenue earned by the government will fall. C) The price of imported goods will rise in the domestic market. D) The volume of the country's imports will fall.
Does the law of diminishing returns apply to capital as well as labor? Explain why or why not
What will be an ideal response?
________ is creating a marketable capital market instrument by bundling a portfolio of mortgage or auto loans
A) Diversification B) Arbitrage C) Computerization D) Securitization
Commercial paper is most commonly issued with a maturity of __________ days
A) 5 B) 10 C) 30 D) 270