Few nations belong to both the World Trade Organization and regional trading agreements.
Select whether the statement is true or false.
A. True
B. False
B. False
This statement is false. Many nations belong to both the World Trade Organization and regional trading agreements.
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Which of the following groups has had declining labor force participation over the past 30 years?
A. Women B. Men C. Teenagers D. Americans
Ben’s Peanut Shoppe suffers a short-run loss. Ben will not choose to shut down if his business’ total revenue exceeds his:
a) capital costs. b) implicit costs. c) variable cost. d) fixed cost.
Most people who live in market-oriented economies would
a. oppose trying to block better products that lower the cost of services. b. support trying to block better products that lower the cost of services. c. oppose trying to block better products that lower the cost of labor. d. support trying to block better products that lower the cost of labor.
During the last several decades the labor force participation rate
a. of women has increased substantially. b. of men has increased substantially. c. of women has steadily declined. d. of both men and women has steadily declined.