Which of the following variables is the key determinant in deciding whether goods are to be bought domestically or imported?
A) The real exchange rate B) The domestic interest rate
C) The nominal exchange rate D) The foreign interest rate
A
Economics
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The WTO and GATT promote trade by
A) reducing tariffs. B) reducing agricultural subsidies. C) eliminating quotas. D) all of the above.
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Examining the conditions that could lead to inflation in an economy is an example of a microeconomics topic
Indicate whether the statement is true or false
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Diminishing marginal returns do not exist for increases in
A) capital stock. B) labor. C) total factor productivity. D) Diminishing marginal returns exist for all of the above answers.
Economics
Managers will use ________ probabilities to estimate the likelihood of a profitable entry into a foreign market.
A) subjective B) objective C) known D) relative
Economics