Indian exporters are concerned about trade diversion because _________ made an agreement with the ASEAN free-trade area.
a. India
b. China
c. the United States
d. Mexico
Ans: b. China
Economics
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If the marginal tax rate is equal to the average tax rate as taxable income increases, the tax structure is
A) proportional. B) unfair. C) progressive. D) regressive.
Economics
What is true about dominant strategies in the game in Scenario 13.10?
A) "Use more caffeine" and "have a sweepstakes" are dominant strategies. B) "Use more caffeine" and "create a diet soda" are dominant strategies. C) "Make animal-shaped bottles" and "have a sweepstakes" are dominant strategies. D) "Make animal-shaped bottles" and "create a diet soda" are dominant strategies. E) There are no dominant strategies.
Economics