In March 2018, the United States filed a formal complaint with the World Trade Organization (WTO) alleging that China
A. violated restrictions on Chinese direct investment in the United States.
B. engaged in unfair policies and practices regarding intellectual property rights.
C. failed to comply with U.S. import licensing requirements.
D. was dumping goods on U.S. markets.
Answer: B
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If the U.S. interest rate differential increases, in the foreign exchange market the demand for U.S. dollars ________ and the supply of U.S. dollars ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
Mathematically, the marginal propensity to consume is:
a. consumption divided by income. b. the change in consumption divided by the change in income. c. income divided by consumption. d. the change in income divided by the change in consumption.
Which of the following activities will generate a negative externality?
a. A beekeeper keeping bees for honey b. Inoculations for communicable diseases c. Research and development activities of a firm d. A chemical factory set up in a residential area e. Improvement in education facilities
Change in quantity demanded
What will be an ideal response?