Regional trading bloc agreements
a. are not considered trade restrictions
b. are required by World Trade Organization rules
c. exist primarily in Russia, Africa, and South America
d. require all nations in a specified region to trade only with other countries in the same geographic area
e. make special trade deals between countries in that region and discriminate against countries outside the region
E
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Since 1929, total government taxes as a percentage of GDP:
a. climbed from 10 percent to about 30 percent. b. remained close to 30 percent. c. climbed from 30 percent to about 50 percent. d. climbed from 15 percent to about 50 percent.
In a perfectly competitive market, how do the number and size of suppliers relate to the ability to enter and exit into markets?
What will be an ideal response?
A corporation is the type of business that has ________ government rules and regulations affecting it
A) the fewest B) no C) only federal D) the most