Which of the following countries has historically been more willing to sacrifice environmental quality for additional economic output?
a. United States
b. China
C. Canada
D. France
b. China
China has historically been more willing to sacrifice environmental quality for additional economic output.
Economics
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A(n) ________ is a tax on an imported good
A) export quota B) tariff C) voluntary export restraint D) import quota
Economics
An efficient economy:
a. uses available resources fully. b. uses the best division of labor. c. produces an output combination at some point along the production possibility curve. d. all of these.
Economics
Economists consider rent seeking activity to be highly productive.
Answer the following statement true (T) or false (F)
Economics
Distinguish between a balance-of-payments surplus and a balance-of-payments deficit in terms of payments of official reserves.
What will be an ideal response?
Economics