What two trends was Canada trying to address in negotiating CUSTA?

What will be an ideal response?


Increasing U.S. trade barriers and protectionism; the need to restructure Canadian industry to become more internationally competitive

Economics

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There is a man yelling for help on a crowded subway platform. What are two reasons that the man may not get the help he needs?

What will be an ideal response?

Economics

What happens when a price floor is set above the equilibrium price?

a. The quantity demanded will exceed quantity supplied. b. The quantity supplied will exceed the quantity demanded. c. It moves the demand curve. d. It shifts the supply curve.

Economics

The notion of a tit-for-tat strategy applies to a prisoners' dilemma game that is played repeatedly, but it does not apply if the game is played only once

a. True b. False Indicate whether the statement is true or false

Economics

If the absolute value of the price elasticity of demand for tickets to a football game is 2, then if the price increases by 1 percent, quantity demanded decreases by:

A. 4 percent. B. 0.5 percent. C. 1 percent. D. 2 percent.

Economics