Why is the Doha Round called the Doha Development Round?
What will be an ideal response?
Because it pays particular attention to the trade issues facing developing countries
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Holding other factors constant, if oil prices rise relative to the prices of other products, then the real wages of oil workers will ________ and employment of oil workers will ________.
A. increase; increase B. decrease; not change C. increase; decrease D. decrease; increase
If the rate of job separation equals 2%, and the natural rate of unemployment is 10%, then the rate of job finding equals
A) 5%. B) 16.7%. C) 18%. D) 20%.
Immediately following the Revolution, in the 1780s,:
a. indigo was the most important U.S. export (in terms of dollar value). b. Spain placed severe restrictions on trade between its colonies and the U.S. c. the U.S. became the main provider of shipping services for the French and West Indies. d. Great Britain eliminated tariffs on rice and tobacco.
In the United States, technological advances help explain persistently rising employment in the face of rising wages
a. True b. False Indicate whether the statement is true or false