Why do free trade proponents dislike rules of origin in trade agreements?
A. It decreases the amount of international trade in the world.
B. It decreases incentives for trade diversion.
C. It increases the amount of international trade in the world.
D. It increases incentives for trade deflection.
Answer: A
You might also like to view...
If the quantity of loanable funds supplied exceeds the quantity of loanable funds demanded, then ________
A) the real interest rate will rise B) firms will decrease their investment demand C) people will save more D) the real interest rate will fall
The linear probability model is
A) the application of the multiple regression model with a continuous left-hand side variable and a binary variable as at least one of the regressors. B) an example of probit estimation. C) another word for logit estimation. D) the application of the linear multiple regression model to a binary dependent variable.
Suppose that your firm's marginal cost of producing a pencil is 5 cents and the average cost of producing a pencil is 3 cents. If your firm is interested in minimizing average total costs, what should your firm do?
A. Increase production. B. Decrease production. C. Maintain production at the current level. D. Look for ways to increase fixed costs.
In the above table, diminishing marginal product occurs when employing the
A. first worker. B. third worker. C. fourth worker. D. second worker.