In 2005, developed countries began to offer "aid for trade" programs that:
A. fund initiatives in developing countries that minimize trade barriers and provide infrastructure critical for trade.
B. give developing countries funds to develop industries that create exports the developed nations want.
C. give developing nations funds in exchange for free trade agreements.
D. give developing nations funds in exchange for cheaper imports.
A. fund initiatives in developing countries that minimize trade barriers and provide infrastructure critical for trade.
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The theory of consumer choice is to demand as the theory of
a. public goods is to supply. b. oligopoly is to supply. c. the competitive firm is to supply. d. comparative advantage is to supply.
Without usury laws interest rates would be _____________________.
Fill in the blank(s) with the appropriate word(s).
State the minimum points (in dollars and cents) of (a) the AVC, (b) the ATC.
In the Taylor rule, does the target for the federal funds rate respond differently for a recession caused by a decrease in aggregate demand and for a recession caused by a decrease in short-run aggregate supply? Explain whether there is or is not a
difference in how the target for the federal funds rate changes.