Which organization is committed to lowering trade barriers?
a. the United Nations
b. the World Bank
c. the World Trade Organization
d. the International Monetary Fund
c. the World Trade Organization
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Starting from long-run equilibrium, a large decrease in government purchases will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; lower; potential B. expansionary; higher; potential C. recessionary; lower; potential D. recessionary; lower; lower
A leading apparel brand in the U.S. opens a workshop in Bangladesh. This is an example of ________
A) import by the U.S. B) a foreign portfolio investment C) a foreign direct investment D) export to Bangladesh
Which of the following is NOT considered an example of a capital good?
A) a miner's cap B) a GPS tracking device C) an airport kiosk D) a U.S. government bond E) a stethoscope
Discuss the two different methods the Bureau of Economic Analysis (BEA) uses to place current values on foreign direct investments
What will be an ideal response?