The new GATS and TRIPS are separate agreements negotiated within the WTO framework as part of the Uruguay Round that apply to

A) services and transportation.
B) agriculture and textiles.
C) services and intellectual property.
D) textiles and transportation.


C

Economics

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The most volatile type of capital flow is

a. direct investment b. long-term bank lending c. stock market purchases d. short-term bonds e. none of the above is very volatile

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The percentage of the burden of an excise tax that is borne by sellers generally depends on the

a. size of the tax. b. relationship between the elasticity of demand and the elasticity of supply. c. elasticity of demand. d. elasticity of supply.

Economics

The secondary effects of an economic action refer to the

What will be an ideal response?

Economics

The equivalent to the Federal Reserves discount rate in the European System of Central Banks is the

Economics