During 2009, General Motors announced that it would close its Saturn facilities in the United States because of the foreign competition it faced. This corporate move
A) increased structural unemployment.
B) increased avoidable unemployment.
C) increased cyclical unemployment.
D) had no impact on unemployment.
E) decreased frictional unemployment.
A
Economics
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Suppose a country's net exports equal 0. If the volume of imports increases without any change in the volume of exports, the country will experience a ________
A) trade deficit B) budget deficit C) trade surplus D) budget surplus
Economics
A country is more likely to have net welfare gains when it imposes a tariff on a foreign monopolist if:
a. the tariff is small. b. the tariff is large. c. the tariff revenues are large. d. the deadweight losses are large.
Economics