Which of the following is an argument in favor of trade liberalization?
(a) Increased investment.
(b) Infant industry.
(c) Fluctuating export earnings.
(d) Increased government revenue.
A
You might also like to view...
What is the present value of a payment of $5,000 at the end of one year and a second payment of $7,000 at the end of two years if the interest rate is 5 percent?
A) $11,201.84 B) $10,985.14 C) $11,111.11 D) $12,250.32
The combined use of statistics, economic theory, mathematics, and "real world" data is referred to as
a. microeconomics b. econometrics c. macroeconomics d. positive economics e. normative economics
A rightward shift in a demand curve and a rightward shift in a supply curve both result in a
A. Lower equilibrium quantity. B. Lower equilibrium price. C. Higher equilibrium quantity. D. Higher equilibrium price.
What are the consequences of price discrimination for the producer, the consumer, and for society?
What will be an ideal response?