The main objective of GATT was to liberalize _____ restrictions.

Fill in the blank(s) with the appropriate word(s).

Answer: trade

Business

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Jan saw an item at a local department store, which she considered purchasing but did not. After

getting home, she changed her mind. Her roommate was going to the same store, so Jan asked the roommate to pick up the item for her. Jan gave her credit card to the roommate and said, "Just sign my name; you know they never check the signature." The roommate purchased the item with Jan's credit card and signed Jan's name. Has the roommate committed forgery? A) Yes, because forgery occurs whenever one person signs the name of another B) No, because the store did not realize that the roommate was not Jan C) No, because the roommate did not intend to defraud either Jan or the store D) Yes, because the roommate misrepresented that she was Jan

Business

Under the Chicago school of thought, the purpose of antitrust policy is ________

a) maximization of producers' plus consumers' surplus. b) focuses on the opportunities for strategic behavior c) focuses on the objectives of static and dynamic efficiency d) is intended to improve economic performance and further the social objective of limiting economic power.

Business