Labor standards in trade are typically opposed by most developing countries who believe that they will be used
A) to further neo-imperialist colonial exploitation.
B) to charge these countries with crimes against child-labor standards at the Hague.
C) as a protectionist tool by import-competing producers in industrial countries.
D) as a means of spreading U.S. Corporate Values and destroying local cultures.
E) to hinder investment in foreign-based multinational corporations.
C
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If the marginal cost of producing hair styling decreases, then the efficient quantity of hair stylings to produce ________
A) depends on the marginal benefit B) remains the same C) decreases D) increases
If a good is produced using inputs for which there are no substitutes, the good's
A) elasticity of supply is likely to be small. B) elasticity of supply is likely to be large. C) elasticity of demand will be small. D) elasticity of demand will be large.