Decrease in personal income taxes will ________ the expenditure curve:

Refer to the figure above. What is the domestic demand for pens in Lithasia, after the economy opens up to free trade?

A) 6 units B) 12 units C) 16 units D) 22 units

In general does international diversification benefit investors?

A) yes, because it allows them to diversify their risk across many countries B) no, because it creates the additional problem of country risk C) yes, because it enables much greater profits through arbitrage opportunities D) no, because it subjects them to legal regulation in additional markets