The following table shows the export and import values of automobiles, pharmaceuticals, and clothing in Country A and Country B. Country AExports ($Billions)Imports ($Billions)Automobiles2040Pharmaceuticals3030Clothing400Country BExports ($Billions)Imports ($Billions)Automobiles020Pharmaceuticals4040Clothing4535 In Country A, the product with the highest intra-industry trade (IIT) share is ________ and the product with the lowest IIT share is

When a good is nonrivalrous in consumption, then: a. consumption by an additional individual will significantly reduce the benefits derived by others from a public good. b. individuals who refuse to pay for a public good cannot be excluded from benefiting from it

c. consumption by an additional individual does not prevent others from benefiting from a public good. d. individuals who refuse to pay for a public good can be excluded from benefiting from it.

Life-cycle wealth refers to the

a. income earned by an individual b. value of stock holdings by an individual c. monetary assets held by an individual d. non-money assets held by individuals e. amount of assets received through inheritance