The argument that trade in high-tech equipment can facilitate the implementation of advanced military technology in countries that may become strategic opponents later on is the
A) national security argument.
B) infant industry argument.
C) protecting domestic jobs argument.
D) environmental and safety argument.
Answer: A
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Gross domestic product is the money value of manufacturing production in a year.
Answer the following statement true (T) or false (F)
As of 2007, the United States is the world's largest importer
Indicate whether the statement is true or false
If an individual moves money from a savings deposit account to a money market deposit account
A) M1 decreases and M2 stays the same. B) M1 stays the same and M2 increases. C) M1 stays the same and M2 stays the same. D) M1 increases and M2 decreases.
Since most banks have positive gaps and negative duration gaps, an increase in market interest rates will
A) increase bank profits and increase bank capital. B) increase bank profits and decrease bank capital. C) decrease bank profits and increase bank capital. D) decrease bank profits and decrease bank capital.