Brazil should be classified as a(n)
A. very poor LDC.
B. middle-rank LDC.
C. NIC.
D. industrial country.
C. NIC.
You might also like to view...
When the price level is low and the demand for domestic goods increases, how does it affect international trade?
A) Prices of all international goods will increase. B) Prices of all international goods will decrease. C) Net exports will decrease. D) Net exports will increase.
Using the fact that the standardized variable Z is a linear transformation of the normally distributed random variable Y, derive the expected value and variance of Z
What will be an ideal response?
An increase in the U.S. price level will: a. increase U.S. exports
b. increase U.S. imports. c. increase the quantity of RGDP demanded in the United States. d. both (a) and (c)
Suppose an owner makes a substantial operating loss while owning a team. If history is any guide, the money lost will be
A. compounded by the fact that the team will lose even more money when he sells the team. B. just about offset by the slight gain the owner will get when he sells the team. C. much more than offset by the enormous gain the owner will get when he sells the team. D. slightly more than offset by the gain the owner will get when he sells the team.