According to Scenario 4-1, country B is running a:
a. trade deficit with country A and a trade surplus with country C.
b. trade surplus with both countries A and C.
c. trade surplus with country A and a trade deficit with country C.
d. trade deficit with both countries A and C.
e. balanced trade with country A and a trade deficit with country C.
a
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Codetermination refers to
a. allowing worker participation but only at the shop floor. b. allowing representatives of labor on management boards. c. turning trade unions into company unions. d. the alliance between government and labor unions in Germany. e. all of the above.
Zora can produce 4 quilts in a week and she can produce 1 corporate website in a week. Lou can produce 9 quilts in a week and he can produce 2 corporate websites in a week. Zora has the comparative advantage in quilts and the absolute advantage in neither good, while Lou has the comparative advantage in corporate websites and the absolute advantage in both goods
a. True b. False Indicate whether the statement is true or false
Antitrust laws tend to target restraint of trade as characterized by __________
Fill in the blank(s) with correct word
If the nominal GDP were to increase, but the real GDP were to increase by less from one year to the next, we could conclude:
A. both prices and output went up. B. both prices and output stayed the same. C. prices stayed the same, but output went up. D. prices went up, but output stayed the same.