What was the result of the Climate Summit held in December 2009?
a. All countries signed binding agreements to reduce their greenhouse gases by 20% during the next 10 years.
b. No country signed binding agreements to reduce their greenhouse gases.
c. Only developed industrialized countries agreed to reduce their greenhouse gases by 20% during the next 10 years.
d. Only China and India agreed to reduce their greenhouse gases by 20% during the next 10 years.
Ans: b. No country signed binding agreements to reduce their greenhouse gases.
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In the figure above, what is Gap's markup?
A) $50 B) $15 C) $35 D) zero
Which of the following is true?
A) A country experiencing a debt or currency crisis would contact the World Trade Organization. B) The World Trade Organization was formed at the Bretton Woods conference. C) The General Agreement on Tariffs and Trade created the World Trade Organization in the negotiations and treaty known as the Uruguay Round. D) The World Trade Organization has no power to resolve trade disputes and to enforce their resolution.