Optimal currency areas should have ________ in order to succeed
A) high labor mobility
B) low labor mobility
C) imperfectly mobile capital
D) few policy externalities
A
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Which of the following does NOT belong?
A) NAFTA B) Uruguay Round C) World Trade Organization D) non-tariff barriers E) major free trade agreements of the 1990s
A binding price floor that could be set in the market in the graph shown would be:
A. $23.
B. $16.
C. $8.
D. $12.
Other things equal, in countries with higher levels of real GDP per person, life expectancy and literacy rates are higher than in countries with lower levels of real GDP per person
a. True b. False Indicate whether the statement is true or false
When a good with equally elastic demand and supply is taxed, the incidence of the tax is borne Group of answer choices
A) entirely by consumers. B) entirely by producers. C) by both consumers and producers. D) mostly by consumers. E) mostly by producers.