If Israel's domestic investment exceeds its national saving, then Israel has
a. positive net capital outflows and negative net exports.
b. positive net capital outflows and positive net exports.
c. negative net capital outflows and negative net exports.
d. negative net capital outflows and positive net exports.
c
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Unions have generally been far more successful in organizing and raising wages in skilled trades such as carpentry than in unskilled trades. Use the laws of derived demand to explain why
What will be an ideal response?
Which barrier to entry results in the creation of a natural monopoly?
a. Legal barriers like government franchises. b. Economies of scale. c. Ownership of a vital resource. d. Patents and copyrights.
If Mexico imports more than it exports to Canada, this contributes to
a. a favorable balance of trade for Mexico b. an unfavorable balance of trade for Canada c. Canadians having to borrow pesos from the foreign exchange market d. Mexicans buying assets in Canada e. a favorable balance of trade for Canada
The world price of a commodity will settle at the level where
a. supply and demand are equal within each country. b. the excess demand of the importing country is equal to the excess supply of the exporting country. c. the excess demand in the exporting country is equal to the excess demand in the importing country. d. there is no excess demand in the exporting country.