A Texas ranch sells beef to a U.S. company that sells it to a grocery chain in Japan. These sales
a. decrease U.S. exports but increase U.S. net exports.
b. decrease both U.S. exports and U.S. net exports.
c. increase both U.S. exports and U.S. net exports.
d. increase U.S. exports but decrease U.S. net exports.
c
You might also like to view...
Which of the following is FALSE regarding bilateral monopoly?
A) Bilateral monopoly is a market structure consisting of a monopolist and a monopsonist. B) Bilateral monopoly is defined as a market structure in which a single buyer faces a single seller. C) An example of bilateral monopoly is a state education employer facing a single teachers' union in the labor market. D) The price outcome is easily determined.
A decrease in the money supply will shift the aggregate __________ curve to the __________
A) supply; left B) supply; right C) demand; left D) demand; right
The United States is the only country to face increasing inequality in their income distribution in the last several decades.
Answer the following statement true (T) or false (F)
Expected utility functions have to be concave if they are to represent risk averse tastes.
Answer the following statement true (T) or false (F)