The World Trade Organization (WTO) was organized as a successor to the

A) IMF.
B) UN.
C) UNCTAD.
D) GATT.
E) the World Bank.

D

Economics

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Along a perfectly vertical demand curve, the price elasticity of demand

A) equals 0. B) is greater than 0 but less than 1.0. C) equals 1.0. D) is negative.

Economics

Which of the following refers to the total quantity and quality of goods and services that can be purchased with the currency used in a country's economic system?

a. Standard of living b. Purchasing power c. GDP per capita d. Gross National Product (GNP)

Economics