Why are trade agreements between the U.S. and Mexico more controversial than trade agreements between the U.S. and Canada?
What will be an ideal response?
Because of difference in levels of economic development is greater, which leads to larger political and social tensions.
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The data in the above table indicate that the economy will be in a short-run macroeconomic equilibrium at a price level
A) between 130 and 121. B) between 119 and 111. C) of 120. D) of 110.
Structural unemployment is:
A. the extra unemployment that occurs during periods of recession. B. short-term unemployment that is associated with the process of matching workers with jobs. C. the additional unemployment not captured in official statistics resulting from discouraged workers and involuntary part-time workers. D. long-term and chronic unemployment that exists even when the economy is producing at a normal rate.