"Trade raises the economic well-being of a nation in the sense that the gains of the winners exceed the losses of the losers.". This statement is correct for a nation that exports manufactured goods, but it is not correct for a nation that imports manufactured goods

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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As of 2012, about how many banks were there in the United States?

A) 57 B) 2000 C) 6200 D) 14,000

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Figure 11-1 ? In Figure 11-1, to achieve equilibrium at potential GDP, the government could

A. increase taxes. B. decrease transfer payments. C. increase government purchases. D. None of the above is correct.

Economics