A country with negative net exports has a trade surplus
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following must cope with scarcity?
A. Individuals B. Companies C. Governments D. Families E. All of the responses are correct.
A pair of shoes manufactured in Milan, Italy cost 195 euros. What is the dollar value of the shoes if the exchange rate is $0.89 per euro?
A) $173.55 B) $195.00 C) $219.00 D) $890.00
In the opinion of many people, ________ is the main problem of international law.
Fill in the blank(s) with the appropriate word(s).
Which of the following will reduce the risk of equity (stock) investments?
A) The purchase of shares of a mutual fund that holds the stocks of many diverse corporations. B) All of the above. C) The purchase of shares in firms doing business in a wider variety of industries and markets. D) The purchasing and holding of equities over a lengthy period of time.