In terms of absolute dollar volume, the top 3 leaders in world exports are:
A. Japan, China, and the European Union.
B. the United States, England, and Canada.
C. Germany, England, and the United States.
D. China, Germany, and the United States.
D. China, Germany, and the United States.
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The study of economics
A. is a very narrow endeavor. B. is a way of analyzing decision-making processes caused by scarcity. C. focuses on how a business should function. D. is concerned with proving that capitalism is better than socialism.
What ratio defines the standard of living?
A) (Y/N) B) (Y/K) C) (Y/A) D) (Y/Q)
When buying a car from a commission salesman you improve your bargaining position by
a. shopping for last year's model when the new model year cars are arriving b. shopping when the showroom is full of customers c. shopping when the car lot has few cars left unsold d. shopping toward the beginning of the month
Discuss Amazon’s barriers of entry over others trying to enter the market
What will be an ideal response?