When a few countries join a trade bloc, it not only expands the market for these countries' firms but also makes it easier for firms located in nonmember countries to export to the countries in the trade bloc.
Answer the following statement true (T) or false (F)
False
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Refer to the following figure.
Geri likes avocados; each additional avocado she consumes adds as much to her total utility as did the previous one. Which of the four graphs best represents Geri's marginal utility curve for avocados?
A. A B. B C. C D. D
The three issues related to proposal design are:
A. flexibility, marketing, and distribution. B. flexibility, commitment, and marketing. C. commitment, distribution, and marketing. D. flexibility, commitment, and distribution.
Real interest rates at times have been negative. Why would anyone lending money agree to a negative real interest rate?
What will be an ideal response?
One of the reasons that successful proprietors may be reluctant to borrow money from a bank to expand their business is that
a. expanded businesses generally generate lower rates of profit b. the bank would become a part owner c. unlimited liability cramps ambition d. the bank's liability insurance isn't sufficient to cover expected liabilities e. issuing stock to finance the expansion is less costly