The Tokyo Round of the GATT negotiations was notable because it was the first round
A) that included Japan.
B) that included textiles and apparel.
C) to begin establishing rules on subsidies.
D) to begin discussions of exchange rates.
E) to limit the tariffs of the United States.
C
Economics
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Economies that are more open seem generally to be economies that grow faster. How might this be explained?
What will be an ideal response?
Economics
As the Medicare program is expanded to cover the cost of prescription drugs for the elderly, other things constant, this will lead to
a. an increase in demand and higher prices for prescription drugs. b. an increase in demand and lower prices for prescription drugs. c. reduction in demand and lower prices for prescription drugs. d. reduction in demand and higher prices for prescription drugs.
Economics