Since NAFTA was signed, Mexico saw the productivity of its firms:
a. decrease in the nonmaquiladora plants.
b. decrease in the maquiladora plants.
c. increase in the maquiladora plants at a faster pace than in the nonmaquiladora plants.
d. increase in the maquiladora plants at a slower pace than in the nonmaquiladora plants.
Ans: c. increase in the maquiladora plants at a faster pace than in the nonmaquiladora plants.
You might also like to view...
If land suitable for growing corn is also suitable for growing soybeans, and soybeans were found to prevent cancer,
A) the demand for corn would decrease. B) there would be no effect on the cost of growing corn. C) the supply (curve) of soybeans would increase. D) the cost of growing corn would rise. E) the cost of growing corn would fall.
If a firm triples all of its inputs and its output doubles, it is said to be experiencing
a. diminishing marginal returns b. increasing marginal returns c. diseconomies of scale d. economies of scale e. constant average costs
A farm is able to produce 5,000 bushels of peaches per season on 100 acres. Assume it adds one more acre and is able to produce 6,000 bushels per season. The marginal product of the additional acre of land for this farm is:
a. 6,000 bushels per acre per year. b. 5,000 bushels per acre per year. c. 1,000 bushels per acre per year. d. 11,000 bushels per acre per year.
Assume your roommate is very untidy. According to campus policy, you have a right to live in an uncluttered apartment. Suppose she/he gets a $200 benefit from being untidy but imposes a $100 cost on you. The Coase Theorem would suggest an efficient solution can be reached where: a. you continue to live with your messy roommate until you are able to make other living arrangements elsewhere. b
your roommate stops her/his messy habits or you force her/him to move out. c. you pay your roommate at least $100 but no more than $200 to clean up after (her)himself. d. your roommate pays you at least $100 but no more than $200 for the right to be untidy (or to have you clean up after her/him).