Under the side agreements to the NAFTA,
A) low environmental standards should not be used to attract trade or investment.
B) the U.S. sets environmental standards.
C) the U.S. enforces environmental standards in the rest of the free trade area.
D) environmental standards are not specifically discussed.
A
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In a monopoly
A) the firm is large in an absolute sense. B) the market is small in an absolute sense. C) the firm and the industry are the same thing. D) the monopolist determines how much each firm will produce.
If Bart has budget constraint A in the graph shown, what would cause his budget constraint to shift to B?
This graph shows three different budget constraints: A, B, and C.
A. Bart's income has decreased.
B. The price of soda has increased.
C. The price of soda has decreased.
D. The price of milk has increased.
The convergence theory is also known as:
A. the catch-up effect. B. Say's law. C. the income effect. D. Moore's law.
Andrea invests $20,000 in tuition fees for her three years of college education. Had she worked those three years, she could have earned a total of $8,000 . Identify the correct statement from the following
a. The opportunity cost of her college education is $20,000. b. The investment cost of college consists of $20,000. c. The investment cost of her college degree is $28,000. d. The opportunity cost of her college education is $28,000.