Recently, many developing countries throughout the world have begun to institute policies that seek to
A) liberalize international trade by lowering trade barriers.
B) reduce dependence on international trade by raising trade barriers.
C) reduce dependence on international trade by instituting laws that call for buying only domestically made goods.
D) Two of the above.
A
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You have observed that the forecasts of an investment advisor consistently outperform the other reported forecasts. The efficient markets hypothesis says that future forecasts by this advisor
A) may or may not be better than the other forecasts. Past performance is no guarantee of the future. B) will always be the best of the group. C) will definitely be worse in the future. What goes up must come down. D) will be worse in the near future, but improve over time.
A country that creates competitive advantage where there are not comparative advantages misallocates its resources and has lower national well-being
Indicate whether the statement is true or false
Given the demand curve in this graph, if this product or service were free, how much consumer surplus would the individual receive?
A. $0
B. $1.50
C. $5.00
D. $10.50
The more profits are reinvested into the firm, the
A) less there is available to distribute to bondholders. B) less there is available to distribute to stockholders. C) more the firm will be able to raise in sales of new issues to stock. D) more bonds the firm will sell in order to pay their required dividends to preferred stockholders.