Refer to Table 2-13. What is Tammi's opportunity cost of grooming a dog?
A) two bathed cats B) half a bathed cat
C) one and a half bathed cats D) two-thirds of a bathed cat
B
Economics
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The recent increases in international trade and new technology have caused demand for ______ workers to ______.
a. all types of; decrease b. low-skilled; increase c. highly-skilled; increase d. all types of; remain constant
Economics
"Countries usually experience substantial net economic gains from joining trade blocs." Do you agree or disagree with this statement? Why? In your answer, include discussion of the roles of trade creation and trade diversion. Also include discussion of other gains or losses that can arise in a country that chooses to join a trade bloc.
What will be an ideal response?
Economics