A multilateral approach to free trade has greater potential to increase the gains from trade than a unilateral approach, because the multilateral approach can reduce trade restrictions abroad as well as at home

The numerical value of the slope of a line depends in part on the units of measurement used

a. True b. False

Jeremy is thinking of starting up a small business selling NASCAR memorabilia. He is considering setting up his business as a corporation. What is one advantage to Jeremy of setting up his business as a corporation?

A) By setting up the business as a corporation, Jeremy would not face double taxation. B) By setting up the business as a corporation, Jeremy would have the ability to share risk with shareholders. C) By setting up the business as a corporation, Jeremy would have both ownership and control over the business. D) All of the above would be advantages of setting up his business as a corporation.