Division of labor increases productivity because
a. tasks can be assigned according to individual tastes and abilities
b. workers who repeatedly perform the same tasks become bored
c. each worker must learn each of the numerous tasks in the total production process
d. specialization of labor allows for the introduction of cheaper, less sophisticated production techniques
e. managers can force workers to produce goods that are valued more highly than the costs of producing them.
A
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An optimum currency union refers to the decision by a country to:
A) join a monetary union that best serves its self-interest. B) join a free trade area. C) dollarize its economy. D) eliminate tariffs.
It is still the conventional wisdom in the U.S. that compliance with NAFTA requirements is having a deleterious effect on U.S. highway safety standards, on U.S. pollution and other environmental standards, and on U.S. jobs
What facts would proponents of an expansion of NAFTA (e.g., to include all of Central and South American countries) need to marshall in order to convince you?