When the market estimate of a company's riskiness increases the market adjusts by
a. having the supply of that bond increase.
b. having the supply of that bond decrease.
c. having the demand for that bond increase.
d. having the demand for that bond decrease.
D
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In the context of market structure, the characteristic that best describes a monopolistically competitive market is that:
a. there are few firms in the market. b. the products produced cannot be easily differentiated. c. entry and exit are both difficult. d. firms spend a great deal on advertising and promotion. e. firms spend very little on advertising and promotion.
The common currency area in Europe is called the:
A) common market. B) Eurozone. C) euromark. D) European Union.
Limits on the quantity of a foreign good that can be imported into the domestic market are
A. import capacity limits. B. import quotas. C. tariffs. D. export quotas.
Which of the following were prominent among the protesters at the WTO meeting in Seattle in late 1999?
A. international bankers that free trade undermined underdeveloped nation's ability to pay back loans. B. environmentalists concerned that corporations would locate in countries that had very lax environmental standards. C. multinational corporations concerned that free trade condoned sweatshop working conditions. D. All of the choices were prominent in the Seattle protest.