An introductory course in economics should allow a student to

A. turn into an economist.
B. develop solutions to most social problems.
C. answer all complex social questions.
D. make rational decisions.
E. All of these responses are correct.

Answer: D

Economics

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Which of the following is an example of an environmental problem that is transnational, but not global?

a. depletion of the ozone layer b. global warming c. overfishing of shared waterways d. loss of biodiversity

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The North American Free Trade Agreement is an example of

A) a beggar-thy-neighbor trade policy. B) a preferential trade arrangement. C) a multinational quota system. D) a general agreement on tariffs and trade.

Economics