Goods that are produced domestically and then sold in other countries are called
A) exports.
B) imports.
C) tariffs.
D) quotas.
Answer: A
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The figure above shows the demand for fruit snacks. Which movement reflects how consumers would react to an increase in the price of a non-fruit snack?
A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d
The dependence on the export of one or two primary products for a majority of the revenue from exports is most severe in countries in
(a) South Asia. (b) East Asia. (c) Sub Saharan Africa. (d) Latin America.
A municipal bond issued by the state of Colorado to construct a new toll highway is a __________ bond
A) revenue B) collateralized C) general obligation D) Treasury
Through its impact on the desired stock of housing, higher expected income would lead to ________
A) an increase in residential investment B) a decrease in expected house price appreciation C) a decrease in residential investment D) a decrease in single-family dwellings