A U.S. boycott against Mexican tuna caught in nets was
A) not upheld by the WTO on the grounds that killing dolphins in tuna nets does not harm the United States directly.
B) not upheld by the WTO on the grounds that U.S. ships could still use nets to catch tuna.
C) upheld by the WTO on the grounds that the use of nets to catch tuna also kills dolphins.
D) upheld by the WTO on the grounds that nations can impose any environmental standards on other nations.
A
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Which of the following statements is true of rational expectations?
A) Rational expectations forecasts are always correct. B) For a trader with rational expectations, the expectation of an asset's price equals the optimal price forecast. C) If traders have rational expectations, any announcement by a company will have an effect on its stock price, even if the market was already aware of the facts being announced. D) If a trader really has rational expectations, he or she was always earn a greater than normal return on his or her financial portfolio.
If an individual had the option of receiving a cash transfer equal to the value of the housing subsidy, _____
a. they would be better off b. they could rent better housing than the public housing c. they could rent worse housing than the public housing d. all of the above e. a and b