Which concept do some scholars use to explain the growth in free trade after World War II?

a. regionalization
b. voluntary export restraint
c. embedded liberalism
d. hegemonic stability

d. hegemonic stability

Economics

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The major advantage of using cross-sectional analysis for long-run costs studies includes

A) the inclusion in the sample of different plants of different sizes. B) the avoidance of having to adjust for inflationary trends. C) the avoidance of having to account for interregional cost differences. D) All of the above E) A and B above

Economics

The total costs of using a resource are made up of

A) private costs only. B) external costs only. C) social costs only. D) internal and private costs only.

Economics