Which of the following is NOT a true statement about the WTO and the protection of endangered species?
A) The environmental movement has been critical of the WTO.
B) Under WTO rules, countries have a right to impose import barriers to protect endangered species.
C) The WTO did not allow the U.S. to protect sea turtles.
D) GATT rules prohibit discrimination based on the production process used.
C
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Suppose the demand for widgets is given by QD = 100 - 5p - pd + 2I, where I is average consumer income, p is the price of lemons, and pd is the price of doodads. According to this equation, doodads are a(n) ________ for widgets
A) substitute B) complement C) input D) None of the above
Using public policy to promote health can contribute to growth because:
A. workers who are in good health will be more productive and less likely to miss work days. B. workers who get free health care are more likely to be careless. C. workers who are in good health take more vacation days and are less likely to work. D. it allows the importation of more goods and services.
If Argentina suffers from capital flight, Argentinean domestic investment and Argentinean net exports will both decline
a. True b. False Indicate whether the statement is true or false
The aggregate demand curve shows the ________.
A. inverse relationship between the price level and the quantity of real GDP purchased B. direct relationship between real-balances and the quantity of real GDP purchased C. direct relationship between the price level and the quantity of real GDP produced D. inverse relationship between interest rates and the quantity of real GDP produced