If, over time, it takes larger quantities of exports of raw goods, like coffee beans, to earn enough money to buy a constant amount of imported manufactured goods, like refrigerators, we would say the country has experienced declining ________.
Fill in the blank(s) with the appropriate word(s).
terms of trade
Political Science
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Which of these events is most likely to be ignored by the mainstream media because of structural bias?
a. Senate hearings on a proposed education bill b. a speech by the president to the UN General Assembly c. video footage of refugees fleeing across an international border d. reports from a journalist embedded with a military unit in a war zone
Political Science
What is the subgame perfect Nash equilibrium or equilibria of the game shown here?
Recall that the equilibrium should be written in the following form: (Player 1’s move at the first node, Player 2’s move at her top subgame, and Player 2’s move at her lower subgame).
A. (D; d, d)
B. (D; d)
C. (C; d, c)
D. (C; c)
Political Science