The Andean Community’s largest trading partner is the U.S. A. True B. False
Subsidies are nontariff barriers. A. True B. False
NAFTA is an example of an economic union. A. True. B. False
1. True: The Andean Community's largest trading partner in the U.S.
2. True : Subsidies are nontariff barriers.
3. False: NAFTA is an example of an economic union.
The Andean Community’s largest trading partner is the U.S. A. True B. False Subsidies are nontariff...
Which of the following is false about subsidies? A. One of the largest beneficiaries of subsidies in most countries is Agriculture. B. They are government payments to domestic producers. C. Subsidies can hurt domestic producers by decreasing competition against foreign imports. D. Subsidies can take forms such as cash grants, loans, and government equity participation.
True or False - capital investment is the largest contributor to GDP in the U.S. ? True False
true or false if a country has a lower opportunity cost than its potential trading partner, the country should decide to be self sufficient.
Please help me with the answers. DO NOT ANSWER IF YOU DON'T KNOW IT. TRUE OR FALSE 1. The nation that has a comparative advantage in a particular product will be the only world exporter oof that product. 2. Economists prefer free trade to tariffs and prefer tariffs to import quotas 3. In terms of trade volume in the past many years, China has been the largest trading partner of the United States 4. A nation will import a particular...
Explain why the following statements are true or false: A: Exporting a good reduces consumer surplus therefore overall economic welfare decreases. B: Importing a good reduces producer surplus therefore overall economic welfare decreases. C: A tariff reduces imports, increases domestic production and producer surplus therefore overall economic surplus increases. D: Export subsidies increase both consumer and producer surplus thereof they improve overall net economic welfare. 4. Explain why the following statements are either true or false: A: In a competitive...
Explain why the following statements are true or false: 3) A: Exporting a good reduces consumer surplus therefor overall economic welfare decreases. B: Importing a good reduces producer surplus therefore overall economic welfare decreases. C: A tariff reduces imports, increases domestic production and producer surplus therefore overall economic surplus increases. D: Export subsidies increase both consumer and producer surplus thereof they improve overall net economic welfare. . 4) Explain why the following statements are either true or false: A:...
1. In 2013, median compensation for directors at the largest U.S. corporations was around: a. $150,000. b. $240,000. c. $550,000. d. $1,200,000. 2. It is the responsibility of the board of directors and its audit committee to engage an independent accounting firm to audit the financial statements prepared by management. a. true b. false 3. The Organization for Economic Cooperation and Development (OECD), representing 34 nations, issued a revised set of principles of corporate governance to serve as a benchmark...
True/False 2. Germany has the longest life expectancy in the world. 3. India has the largest total number of adults age 65 and older. 4. Japan is the country with the highest proportion of adults age 80 and older. 5. More % of Americans perceive aging as a major problem compared to Chinese. 6. Russians believe that elders themselves should bear the primary economic responsibility for taking care of the elderly 7. The leading cause of death for adults age...
37. Life expectancy in the U.S. is comparable to similar developed nations A. True B. False 38. Lifestyle modification can decrease the risks and acquisition of the current chronic diseases that plagues U.S. citizens A. True B. False 39. Electronic Medical Records should decrease the incidence of iatrogenic deaths A. True B. False 40. A consensus of neuroscientists agree that brain development may continue to the mid 20s or early 30s A. True B. False 41. A master's degree is...
Explain why the following statements are true or false: A: Exporting a good reduces consumer surplus therefor overall economic welfare decreases. B: Importing a good reduces producer surplus therefore overall economic welfare decreases. C: A tariff reduces imports, increases domestic production and producer surplus therefore overall economic surplus increases. D: Export subsidies increase both consumer and producer surplus thereof they improve overall net economic welfare.