Who tends to lose from labor migration?
A. The firms in the country of origin
B. The migrant workers
C. The firms in the destination country
D. The workers in the country of origin who did not migrate
A. The firms in the country of origin
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An increase in the demand for American-made goods will
A) decrease the supply of dollars on the foreign exchange market. B) decrease the demand for dollars on the foreign exchange market. C) increase the demand for dollars on the foreign exchange market. D) increase the supply of dollars on the foreign exchange market.
A firm can avoid problems with the quality of its products by simply offering a generous warranty
Indicate whether the statement is true or false
Normative analysis focuses on statements that can be tested against real-world data
a. True b. False Indicate whether the statement is true or false
In which of the following markets are strategic interactions among firms most likely to occur?
a. markets to which patent and copyright laws apply b. the market for piano lessons c. the market for tennis balls d. the market for corn