What is the United States' primary trade promotion initiative with Africa?
What will be an ideal response?
The African Growth and Opportunity Act, a preferential arrangement lowering U.S. trade barriers to more than 40 African nations, mostly in oil.
You might also like to view...
Economists are often concerned with the free-rider problem
a. What is meant by free riding? Explain with an example. b. Are public parks subject to the free-rider problem? What about keeping city streets clean? Explain your answer.
Relative U.S. real wages and incomes played a role in influencing the decisions of foreign migrants
Indicate whether the statement is true or false
If a firm has no ______ costs, then the profit from shutting down is zero.
A. fixed B. variable C. opportunity D. sunk
Which of the following is an example of a good with elastic supply in the short run?
(A) Plums (B) Large hand-made rugs (C) Passenger airplanes (D) Sandwiches