Which of the following is a characteristic of a monopoly market?

If some industries exhibit internal increasing returns to scale in each country, we should not expect to see

A) perfect competition in these industries. B) intra-industry trade between countries. C) inter-industry trade between countries. D) high levels of specialization in both countries. E) increased productivity in both countries.

The government played a central role in directing the post-World War II economy, causing all of the following to occur except

(a) The reduction of entitlements, such as Social Security and unemployment benefits. (b) Massive spending by the federal government, justified by the Cold War. (c) Enormously expanded government infrastructure spending on things like highways, airports, education and research and development. (d) There is no "except"; all of the above occurred.