Exporting nations often agree to voluntary export restraints in an attempt to
A) decrease inflation. B) increase global welfare.
C) avoid more restrictive trade policies. D) employ more workers in the importing nation.
C
Economics
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According to the Heckscher-Ohlin theory, comparative advantage is based on:
a. labor productivity differences. b. product life cycles. c. the availability of skilled resources. d. consumer tastes and preferences. e. the relative abundance of the factors of production.
Economics
Which statement is false?
A. The poverty rate was lower in 2009 than it was in 2000. B. The poverty rate for children under 18 is higher than the poverty rate for people over 65. C. The poverty rate today is higher than it was in 2006. D. The poverty rate for Hispanics is three times that of whites.
Economics