Favored customers receive special treatment from dealers during periods of excess demand.
Answer the following statement true (T) or false (F)
True
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The principles of comparative advantage and specialization only apply to trade between different nations
Indicate whether the statement is true or false
Which of the following expands the range of opportunities available to customers?
A) The bookstore that provides comfortable chairs and couches for book browsers B) The used car dealer who posts prices on the windshields of the cars C) The bank that advertises it will place ten dollars into any newly-opened savings account D) All of the above. E) None of the above.
Strategic behavior and game theory are features of which market structure?
A) perfect competition B) monopoly C) monopolistic competition D) oligopoly
The total rate of return on an international asset is the:
a. spot rate plus the forward rate. b. rate of return on the asset plus or minus the expected capital gain or loss on currency changes. c. rate of return on the asset minus commissions. d. rate of return plus inflation minus taxes.