If trade in a particular good interindustry, the expansion of an industry in one country is likely to lead to the ________ of that industry in the other country. If trade in that good is intraindustry, expansion of the industry in one country is likely to lead to the ________ in the other country
A) decline, decline
B) decline, expansion
C) expansion, decline
D) expansion, expansion
B
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Assuming a required reserve ratio of 8%, interest rate on reserves of 0.5%, and interest rate on loans of 4%, what is the effective cost of the reserve requirement on a $1000 deposit?
A) 0.05% B) 0.28% C) 0.32% D) 4%
The ability of a good to satisfy a want refers to its:
a. usefulness. b. utility. c. worthiness. d. necessity.
If disposable income is $400 billion, consumption spending is $380 billion, and MPC is 0.5, what is the level of saving?
A. $20 billion. B. $210 billion. C. $380 billion. D. $590 billion.
A nation's foreign exchange reserves consist mainly of
A) excess reserves held by its banks. B) government securities of that nation. C) the legal currency of that nation. D) currencies of other nations.