nlike the European Union competition laws, Chinese Anti-monopoly Law considers which of the following?
A) charging unfairly high prices
B) exclusive deals
C) furthering the social interest
D) tying contracts
C) furthering the social interest
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When the natural unemployment rate changes, what happens to the short-run Phillips curve? To the long-run Phillips curve?
What will be an ideal response?
Foreign outsourcing is
A) the transfer of operations to foreign contractors. B) an example of internalization. C) an example of foreign direct investment. D) currently illegal in the U.S. E) the substitution of immigration for foreign direct investment.
When inflation occurs, net exports will
a. increase as imports decrease. b. increase as exports increase. c. decrease as imports decrease. d. decrease as imports increase.
Price leadership is a form of
A. tacit collusion. B. explicit collusion. C. monopolistic competition. D. a cartel policing mechanism.