If a nation changes its laws to more actively enforce intellectual property rights, all of the following will most likely take place except

A) more software companies will choose to export their products to that country.
B) more film makers will choose to do business in that country.
C) the black market for intellectual property will become more prosperous in that country.
D) foreign investment in that country will increase.

Answer: C

Economics

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The empirically observed backward-bending labor supply curve cannot arise from homothetic tastes.

Answer the following statement true (T) or false (F)

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