Which of the following is a major reason for offshoring?
a. Global deregulation.
b. Increased global demand for services.
c. The gradual diminishing of global technological advances.
d. All of the above are major reasons for offshoring.
.A
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Why is it better to protect an infant industry with monopoly power with a tariff than a quota?
a. A tariff causes domestic production to increase, whereas a quota causes production to decrease. b. A tariff causes domestic production to decrease, whereas a quota causes domestic production to increase. c. A tariff will raise the domestic price above the world price, whereas a quota will not. d. A quota will raise the domestic price above the world price, whereas a tariff will not.
The class of linear conditionally unbiased estimators consists of
A) all estimators of ?1 that are linear functions of Y1,…, Yn and that are unbiased, conditional on X1,…, Xn . B) OLS, WLS, and TSLS. C) those estimators that are asymptotically normally distributed. D) all estimators of ?1 that are linear functions of X1,…, Xn and that are unbiased, conditional on X1,…, Xn.