Today the primary organization that countries use to negotiate trade issues is

a. the World Trade Organization.
b. the General Agreement on Tariffs and Trade.
c. the United Nations.
d. the European Union.


a. the World Trade Organization.

Economics

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The Congressional Budget Office estimates that the Patient Protection and Affordable Care Act (ACA) will

A) increase federal government spending by about $2 trillion over 10 years. B) cost the government significantly more than the additional taxes and fees enacted under the law will bring in. C) actually reduce government spending over a 20 year period. D) eliminate the budget deficit within 10 years.

Economics

A tariff is a

A) tax imposed on domestic producers of export goods. B) legal limit on the amount of a good that can be imported. C) tax imposed on imported goods. D) legal limit on the amount of a good that can be produced by foreign owners of a firm located in a host country.

Economics

People who enjoy the benefits of a public good without paying for them are called:

A. spillover parties. B. external consumers. C. free riders. D. antitrust violators.

Economics

An example of the type of crime that is contemplated by the rational criminal model is

A. spousal abuse. B. murder for hire. C. rape. D. school shooting.

Economics