On average,over the last 50 years or so world trade has
A) increased faster than world output
B) been primarily concentrated in agriculture
C) been dominated by Middle East oil exports
D) declined as nations closed their borders to imports
E) been conducted almost exclusively over the internet
Correct Answer:
Verified
Q1: Suppose there are three nations (North,South,and East)
Q2: Which of the following would not be
Q3: The next questions refer to the following.
Suppose
Q5: If a country exports $1 billion worth
Q6: According to the Hotelling Rule,the price of
Q7: The idea that efficient producers can benefit
Q8: Which of the following is not an
Q9: Applied to trade in two goods between
Q10: The largest exporter of goods and services
Q11: As a general rule,
A) large economies tend
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