“Free trade benefits one country at another country’s expense.” Evaluate this statement using economic analysis.
What will be an ideal response?
The statement is false. Trade must be mutually beneficial, or else why trade? A country does not agree to trade unless it benefits.
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Available market incentives for clean fuel vehicles
a. include carbon allowances for purchasers of hybrid vehicles b. no longer exist in the United States c. are tax credits for purchasers of plug-in hybrids d are limited to international buyers of electric cars
Archibald's Tattoos is a perfectly competitive firm. The firm's costs are shown in the table above. What is Archibald's shut-down point?
A) $10.00 B) $16.67 C) $15.00 D) $12.50
A matched sale-purchase transaction is also known as a
A) reverse repo. B) discount loan. C) put option. D) federal funds loan.
The principle involved in short-run uncovered interest parity is that home interest rates will be equal to:
A) the world equilibrium real rate of interest. B) the foreign interest rate minus foreign inflation. C) the foreign rate of interest plus the expected rate of depreciation of the home currency. D) the domestic nominal rate of interest plus domestic inflation.