In 1990, there were 50 bilateral agreements and regional trade agreements between countries. Today there are
A. 30 of these agreements.
B. more than 230 of these agreements.
C. more than 10,000 of these agreements.
D. none of these agreements remaining.
Answer: B
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What is the main difference between an instrument rule and a targeting rule? Be sure to define each
What will be an ideal response?
Price elasticity of supply is always
A) positive because of the law of supply.
B) negative because of the law of supply.
C) positive because of diminishing marginal utility.
D) negative because percentages can only be negative.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, Point E necessarily represents
A. only motorcycles being produced. B. overallocation of resources. C. an impossible production point. D. technological advancement.
The relationship depicted in the above figure is
A) a negative linear relationship B) a positive linear relationship C) a positive becoming less steep relationship D) a positive becoming steeper relationship