Insurance companies create wealth by
a. reducing the amount of risk that risk averse individuals must bear
b. reducing the amount of risk that risk loving individuals must bear
c. increasing the amount of risk that risk averse individuals must bear
d. moving an asset from low to high value use
a
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The primary mission of the World Bank today is to
A) provide capital to underdeveloped countries. B) provide capital to firms around the world. C) provide financial assistance for the reconstruction of war-damaged nations. D) help countries manage their exchange rates.
The WTO's Doha Development Agenda is only considering market access issues in agriculture, such as tariffs and quotas, because export subsidies and production subsidies are considered less harmful and have not been part of the GATT or WTO agenda
Indicate whether the statement is true or false