The likelihood that a trading partner will opportunistically break a contract or expropriate property rights is called a(n) _____.
A. economic risk
B. legal risk
C. cultural risk
D. political risk
Answer: B. legal risk
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In general, the more the government does, ______.
A. the less need there is for organized political action B. the more it costs-in terms of taxes and transaction costs C. the less accountability it has D. the more incentives it creates for organized political action
Testing is a threat to internal validity in which participants systematically dropping out of an experiment
Indicate whether the statement is true or false
The confounding effects referred to collectively as "maturation" include all of the following plausible rival hypotheses EXCEPT
a. aging. b. instruction. c. fatigue. d. boredom.
In his Farewell Address to the nation after stepping down as president, George Washington warned the United States ______.
a. against participating in any kind of trade with other nations b. to project itself abroad as much as possible so as to have more allies than enemies c. against having friendly relations with other countries d. not to get drawn into foreign entanglements in Europe