If the United States changed its laws to allow for the legal sale of a kidney, which of the following is likely to occur?

a. The price of kidneys would rise to balance supply and demand.
b. The gains from trade would make both buyers and sellers better off.
c. Thousands of lives would be saved.
d. All of the above are correct.

d

Economics

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About what percent of the world's water supplies are used for agricultural purposes?

a. 90 b. 70 c. 45 d. 20 e. 10

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A government-imposed restriction on the quantity of a specific good that another country is allowed to sell in the U.S. is

A) a regional trade bloc. B) an import quota. C) a voluntary import expansion. D) a voluntary restraint agreement.

Economics