The United States has free trade agreements with what countries?
a. Canada and Mexico
b. Canada, Mexico, Great Britain
c. Canada, Israel, Jamaica, Bahamas
d. Canada, Mexico, Israel
d. Canada, Mexico, Israel
You might also like to view...
When real GDP is less than potential GDP, there is ________ which leads the unemployment rate to ________
A) a recessionary gap; rise B) a recessionary gap; decline C) an inflationary gap; rise D) an inflationary gap; remain at the natural level E) a recessionary gap; remain at the natural level
________ occur when the average total cost falls as the quantity produced increases
A) Increasing marginal returns B) Decreasing marginal returns C) Economies of scale D) Diseconomies of scale
A movie monopolist sells to students and adults. The demand function for students is QdS = 600 - 100P and the demand function for adults is QdA = 1,200 - 100P. The marginal cost is $2 per ticket. Suppose the movie theater can price discriminate. How many tickets does the theater sell to adults to maximize profits?
A. 2500 B. 500 C. 200 D. 600
In 1997, the Justice Department brought a lawsuit against ________ because its growing market power had enabled the company to crush competitors, eliminate competition and innovation.
A. Microsoft B. Walt Disney C. Exxon D. Standard Oil