What is export promotion? Give a few examples of countries that have tried it
What will be an ideal response?
Export promotion is a trade policy designed to encourage exports. Countries that have tried it include Japan, Hong Kong, Singapore, Korea, Brazil, Colombia and Turkey.
Economics
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Compared to a similar perfectly competitive industry, a single-price monopoly
A) creates a deadweight loss and decreases economic profit. B) produces more output. C) creates a deadweight loss and decreases consumer surplus. D) is more efficient because there is no wasteful competition. E) sets a lower price because there is less competition.
Economics
Under the liquidity premium theory, a flat yield curve indicates that investors expect future short-term rates to
A) fall. B) rise. C) remain constant. D) either fall or remain constant.
Economics