Which of the following is true of the General Agreement on Tariffs and Trade (GATT)?
a. It is now called the World Agreement on Trade and Tariffs.
b. It was the global trade agreement that did away with the gold standard.
c. It was a policy of the United States to raise tariffs on imported sugar.
d. It was the first global trade agreement that followed World War II.
e. It was a global trade agreement to raise tariffs.
d
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Which of the following is not a drawback of forecasting using the compound growth rate method?
A) only considers first and last observations B) considers only equal absolute changes C) disregards fluctuations between the original and terminal observations D) does not consider any trends in the data
What percent of the privately held national debt was owed to foreign investors in 2012?
a. 1.5 percent b. approximately 20 percent c. approximately 60 percent d. more than 80 percent