International free trade always hurts the nations that run deficits, and benefits the nations that run surpluses
Indicate whether the statement is true or false
FALSE
Economics
You might also like to view...
The United States is one of the least “marketized” economies in the world.
Answer the following statement true (T) or false (F)
Economics
Refer to Figure 7-1. Under autarky, the producer surplus is area
A) S + T + V + W + X. B) T + W + X. C) V. D) S + V.
Economics
An increase in money supply causes the real interest rate to ________ and the price level to ________ in general equilibrium
A) rise; rise B) remain unchanged; fall C) remain unchanged; rise D) fall; fall
Economics
Concepts of equity are important because they provide some criteria for evaluating the fairness of a tax system
a. True b. False
Economics