Which of the following industrial policies are effective for developing countries to deal with inflows of capital from overseas?
A. Import substitution, export-led growth, and clustering.
B. Import substitution, export-led growth, and crowding out.
C. Import substitution, government subsidy, and clustering.
D. Market Substitution, government subsidy, and crowding out.
A. Import substitution, export-led growth, and clustering.
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Refer to Figure 15-1. Which of the following statements about the firm depicted in the diagram is true?
A) The fact that this firm is a natural monopoly is shown by the long-run average total cost curve still falling when it crosses the demand curve. B) The fact that this firm is a natural monopoly is shown by the continually declining market demand curve as output rises. C) The fact that this firm is a natural monopoly is shown by the fact that marginal cost lies below the long-run average total cost where the firm maximizes its profits. D) The fact that this firm is a natural monopoly is shown by the continually declining marginal revenue curve as output rises.
Describe intellectual property rights. What agreements have been reached regarding their protection? What are the benefits and the costs of protecting intellectual property rights?
What will be an ideal response?
The share of industry output sold by the top four steel producers in the country are 19%, 15%, 12%, and 9% respectively. The four-firm concentration ratio for the steel industry is
a. 0.19. b. 0.55 c. 0.138 d. 0.65
Financial markets are regulated by
A. the Stock and Exchange Commission. B. the Stock and Bond Exchange Commission. C. the Securities and Exchange Commission. D. the Security and Protection Commission.