If it costs a firm $10 to produce a good and the same good sells for $7 abroad, then this firm is engaging in
A) profit maximization.
B) price discrimination.
C) price differentiation.
D) dumping.
D
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A period when overall inflation rates are positive but falling is called:
A. disinflation. B. deflation. C. inflation. D. zero price level.
The number of U.S. job losses certified by the U.S. Department of Labor as NAFTA-related was
A. 1,500,000. B. 500,000. C. 145 million. D. 100,000.
Which of the following statements is true?
A) Eurobanks are able to create money. B) Eurobanks accept deposits but not loans. C) Eurobanks are essentially intermediaries. D) Both A and C.
The two main methods of measuring GDP are
A. the income approach and the expenditure approach. B. the income approach and the receipts approach. C. the saving approach and the investment approach. D. the goods approach and the services approach.