One reason that economists encourage free trade is that
A) it encourages a more rapid spread of technology.
B) it allows us to exploit the workers of less developed countries.
C) we can sell more goods.
D) it increases our capital stock.
Correct Answer:
Verified
Q164: Patents stimulate technological advance by
A) making capital
Q181: New growth theory emphasizes all of the
Q186: According to the new growth theory
A) technology
Q191: A government protection for an inventor that
Q192: According to the text, an open economy
Q194: Which one of the following helps preserve
Q194: New growth theorists believe that
A)wealth creation comes
Q197: According to Romer
A) capital drives economic growth.
B)
Q198: Innovation is
A) another term for something new.
B)
Q200: Paul Romer's theory of economic growth differs
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents