Consider Figure 6.2. The South Korean subsidy ______________ Mexican manufacturers, since their producer surplus ______________ by $______________.
a. helps, rises, $60
b. helps, rises, $100
c. hurts, falls, $60
d. hurts, falls, $100
d. hurts, falls, $100
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Which of the following statements is true of liability cases in foreign countries?
A) In New Zealand, most claims for damages due to pain and suffering receive automatic compensation due to its Accident Compensation Act. B) U.S. manufacturers facing lawsuits in foreign countries are unlikely to be joined by foreign importers, retailers, and wholesalers. C) U.S. courts do not enforce the judgment rendered by a foreign court. D) U.S. manufacturers who sell their products abroad are not free from product liability considerations.
Which of the following is not a characteristic feature of venture capital firms?
A) Funding just one or a small number of firms B) Holding equity in the firms that are funded C) Having a long-term investment horizon D) Providing advice and assistance to the firms that are funded
The basic micropayment model where micropayments are added to a monthly bill for existing services best describes
A) subscriptions. B) stored value. C) direct payment. D) aggregation.