Identify the correct statement.
A. The overall effects of the Uruguay Round on global pollution are actually small.
B. The actual effects of the Uruguay Round on pollution levels are uniform across all countries.
C. The composition effect of the Uruguay Round tends to increase production of environment-friendly products in the United States.
D. Evidence shows that free trade is inherently anti-environment.
Answer: A
You might also like to view...
Price elasticity of demand is measured using percentage changes. Why?
What will be an ideal response?
Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. When the firm hires 6 workers the firm produces 90 units of output. Fixed costs of production are $6 and the variable cost per unit of labor is $10 . The marginal product of the seventh unit of labor is 4 . Given this information, what is the average variable cost of production when the firm hires
7 workers? a. $12.67 b. $11 c. 81 cents d. 75 cents