A U.S. boycott against Mexican tuna caught in nets was
A) not upheld by the WTO on the grounds that killing dolphins in tuna nets does not harm the United States directly.
B) not upheld by the WTO on the grounds that U.S. ships could still use nets to catch tuna.
C) upheld by the WTO on the grounds that the use of nets to catch tuna also kills dolphins.
D) upheld by the WTO on the grounds that nations can impose any environmental standards on other nations.
A
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Efficiency is an important social goal because:
A. movements toward economic efficiency make the total economic pie larger. B. it assures a normative outcome. C. it assures a fair outcome. D. it takes into consideration the distribution of income.
The Social Security System of 1935 was flawed from the beginning. It left old-age pensions in the control of the states. Two examples include workers' and unemployment compensation
Indicate whether the statement is true or false
A critical assumption
a. makes an economic model a more concrete representation of reality b. eliminates unnecessary details from an economic model c. has an important impact on the conclusions of an economic model d. is usually implicit in an economic model e. increases the level of abstraction of an economic model
An effective program used to fight transient poverty is:
A. health insurance. B. job training. C. unemployment insurance. D. All of these are effective at fighting transient poverty.