What percentage of world output was being exported to other countries at the very end of the 20th century?
A) less than 5 percent.
B) 8 percent.
C) nearly 20 percent.
D) over 50 percent.
Correct Answer:
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Q1: According to empirical studies, the gains from
Q2: Historical data on international trade shows that
Q3: At the start of the twenty-first century,
Q4: Which of the following statements is true?
A)
Q6: A shortcoming of general equilibrium analysis of
Q7: According to the partial equilibrium model of
Q8: According to the partial equilibrium model of
Q9: The two-country partial equilibrium model of international
Q10: Surveys generally show that:
A) Americans strongly support
Q11: The production possibilities frontier is typically drawn
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