The future of any region dependent on export industrial growth is influenced by:
(a) the region's natural endowment at given technology levels.
(b) the character of the export industry.
(c) subsequent changes in technology and transport costs.
(d) all of the above.
(d)
Economics
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If an industry is monopolized by one firm, the four-firm concentration ratio equals
A) 1 percent. B) 25 percent. C) 40 percent. D) 100 percent.
Economics
An increase in the demand for bonds generates
A) an increase in both the interest rate and the exchange rate. B) a decrease in both the interest rate and the exchange rate. C) an increase in the interest rate and a decrease in the exchange rate. D) a decrease in the interest rate and an increase in the exchange rate.
Economics