Declining terms of trade refers to
a. a lowering of trade barriers around the world.
b. products from developing nations that compete primarily on price rather than quality.
c. lower prices for exports but steady or rising prices for imports.
d. higher interest rates for developing states that defaulted on loans.
C
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Answer the following statement true (T) or false (F)
Efforts have been made by government employees and their associations to set ethical standards and enforce ethical behavior
Indicate whether the statement is true or false.
Eric Cohen argues that the liberal idea of Medicare reform is based on the idea that government should
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A majority of the bills passed by state legislatures are vetoed by governors
Indicate whether this statement is true or false.