Refer to the figure above. If the capital stock is fixed at $300, what is the investment in the economy?

Which of the following statements is true?

A) Because the cost of labor used on farms is so high, the United States exports very little of its wheat, rice and corn crops. B) France is the leading exporting country, accounting for 10 percent of total world exports. C) Japan is more dependent on foreign trade than is the United States. D) Imports and exports account for over one-half of the GDP of Belgium.

If a monopolist sets a low price to discourage potential competitors from entering the market, it is referred as

A) price skimming. B) predatory pricing. C) penetration pricing. D) limit pricing.