The World Trade Organization:
A. is also known as the International Monetary Fund (IMF).
B. is also known as NAFTA.
C. was established to resolve disputes arising under world trade rules.
D. enhances world trade by providing interest rate subsidies to foreign borrowers who buy
exports on credit.
C. was established to resolve disputes arising under world trade rules.
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What role might discrimination play in accounting for income inequality?
What will be an ideal response?
Measuring the sensitivity of bank profits to changes in interest rates by multiplying the gap times the change in the interest rate is called
A) basic duration analysis. B) basic gap analysis. C) interest-exposure analysis. D) gap-exposure analysis.
In a simplified banking system subject to a 25 percent required reserve ratio, a $1,000 open-market purchase by the Fed would cause the money supply to:
a. increase by $1,000 b. decrease by $1,000. c. decrease by $4,000 d. increase by $4,000.
The market for soybeans in Canada consists solely of domestic buyers of soybeans and domestic sellers of soybeans if
a. consumer surplus equals producer surplus in the Canadian soybean market. b. total surplus exceeds consumer surplus in the Canadian soybean market. c. Canada permits international trade in soybeans. d. Canada forbids international trade in soybeans.