Most developing countries oppose including labor standards in trade agreements because

A) they believe this would involve a loss of their national sovereignty.
B) they believe this would limit their ability to export to rich markets.
C) they believe this would create an uneven playing field.
D) multinational corporations control them.
E) they do not want to improve wages for their workers.


B

Economics

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If urbanization in a nation keeps increasing, GDP per capita in the nation is likely to:

A) initially increase then decrease after urbanization reaches a certain threshold. B) keep decreasing. C) initially decrease then increase after urbanization reaches a certain threshold. D) keep increasing.

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Child labor is a widespread problem that applies primarily to children

(a) between the ages of 5 and 14. (b) between the ages of 10 and 14. (c) between the ages of 12 and 14. (d) between the ages of 12 and 16.

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The higher the HHI

A) the less dominated a market is by a single firm. B) the more competitive is the market. C) the more dominated a market is by a single firm. D) the less likely the Sherman Act will be applied to a firm.

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In general, any ceteris paribus determinant of supply that is favorable to production will

A) cause a movement along the supply curve. B) shift the supply curve to the right. C) shift the demand curve to the left. D) shift the supply curve to the left.

Economics