While the world was fairly integrated at the turn of the last century, most trade was in agricultural and raw materials, whereas today manufactured consumer and producer goods play a much greater role in determining exports and imports

Indicate whether the statement is true or false

TRUE

Economics

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Which of the following firms is likely to have the greatest market power?

a. an electric company b. a farmer c. a grocery store d. a local electronics retailer

Economics

Consumer-oriented exports include which of the following types of products?

A) Wheat, pineapple and soybean oil B) Vegetables, fruit and live cattle C) Beef, ice cream and chicken D) All of the above

Economics