The physical import of DVD players to the United States from Japan best illustrates a:
A. resource flow.
B. financial flow.
C. trade flow.
D. technology flow.
C. trade flow.
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Risk-seeking behavior:
A. is irrational. B. is an aspect of an individual's preferences. C. is the same for everyone. D. All of these statements are true.
This graph demonstrates the domestic demand and supply for a good, as well as a tariff and the world price for that good.According to the graph shown, if the economy were to open to free trade, it would become:
A. a net-importer. B. an autarky. C. a net-exporter. D. less efficient with less overall market surplus.
If you had a marginal tax rate of 15 percent and earned an extra $10,000, how much tax would you pay?
What will be an ideal response?