About two-thirds of the reduction in tariffs in the past 20 years comes from:
A. reforms by national governments changing their own policies or making agreements with each other.
B. the work of the WTO, World Trade Organization.
C. specific funding directed at encouraging trade through subsidies by the World Bank.
D. None of these statements is true.
A. reforms by national governments changing their own policies or making agreements with each other.
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Direct marketing is
A) advertising that permits a consumer to follow up directly by searching for more information and placing direct product orders. B) advertising that targets a specific audience and allows the consumer to follow up directly by placing direct product orders usually through television or radio. C) advertising targeted at specific consumers. D) advertising intended to reach as many consumers as possible.
Which of the following is not part of Hernando de Soto's The Other Path?
A. Reducing taxes. B. Encouraging the "underground" economy. C. Enforcing laws to safeguard private income. D. Improving infrastructure.
Recall the Application regarding the elasticity of demand for public transit varying over time to answer the following question(s).According to the Application, the demand for public transit is in the short run is ________, so a 10 percent increase in the transit fare will decrease ridership by ________.
A. 0.40; 4 percent B. 0.60; 6 percent C. 0.50; 5 percent D. 0.7; 7 percent
In years of economic contraction, firms throughout the economy increase their production of goods and services, employment rises, and jobs are easy to find
a. True b. False Indicate whether the statement is true or false