Multiple Choice
One of the reasons why the growth in world trade has occurred is due to
A) more stable political environments.
B) countries are getting more prosperous.
C) the income inequality gap is narrowing among countries.
D) the cost of transporting goods and services has fallen dramatically.
E) economies have become more materialistic.
Correct Answer:
Verified
Correct Answer:
Verified
Q45: When current account deficits are used to
Q46: A current account surplus is defined as<br>A)
Q47: In a two-good,two-period model with trade,an increase
Q48: In two-good,one-period model,when the terms of trade
Q49: In a two-good,one-period model,an increase in the
Q51: An increase in total factor productivity in
Q52: When the SOE can trade with the
Q53: In a two-good economy,the slope of the
Q54: An increase in total factor productivity has
Q55: In a two-good,two-period model,as long as wealth