One advantage of the specialization that results from international trade is that countries can take advantage of
A) scale economies.
B) production diversification
C) smaller countries.
D) taste reversals.
E) lower transport costs.
A
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The secondary NAAQS
a. are air quality emissions standards intended to protect public welfare b. are technology-based standards c. are established to protect public health d. control both criteria and hazardous pollutants
The usefulness of money in commercial societies comes from the fact that
A) money is backed by gold. B) most people will change their behavior at least a little in response to money incentives. C) most people will do anything at all for money. D) most people would rather spend money than save it. E) the quantity of money can easily be expanded or contracted.
In the United States since 1970, the poverty rate for blacks has been about:
a. 1?2 percentage points higher than the poverty rate for whites. b. twice the poverty rate for whites. c. three times the poverty rate for whites. d. five times the poverty rate for whites.
Net exports is the key to the equality of aggregate expenditures and aggregate income.
Answer the following statement true (T) or false (F)