The trade philosophy of the Clinton administration is best characterized as
A. protectionist.
B. mercantilist.
C. free trade.
D. strategic trade.
Answer: D
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The largest institutional participants in capital markets are
A) pension funds. B) insurance companies. C) consumer finance companies. D) business finance companies.
Joe consumes crawfish and shrimp. His utility function exhibits diminishing marginal utility of crawfish but the marginal utility of shrimp is constant. Will Joe's indifference curves be convex?
What will be an ideal response?
The most important source of foreign exchange earnings to offset the colonial deficit with England was
a. insurance charges and merchant commissions. b. the sale of ships. c. the sale of colonial shipping services. d. inflows of sterling from British forces stationed in the colonies.
A change in the price of a good will shift the demand for labor producing that good
Indicate whether the statement is true or false