The World Trade Organization (WTO) promotes foreign trade and investment, or globalization. In recent years opposition to globalization has led to violent protests at meetings of the WTO. One reason for these anti-globalization protests is
A) protesters believe that free trade destroys the distinctive cultures of many countries.
B) protesters believe that globalization will result in a return to communism in developing countries.
C) protesters object to the loss of intellectual property (such as software programs and movies) that results from foreign trade and investment.
D) foreign trade and investment are examples of zero-sum games.
A
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If population grows faster than income, then per capita income must fall
Indicate whether the statement is true or false
How does scarcity affect the range of possible choices that decision makers face?
a. It narrows the choice to a single option. b. It narrows the range of choices. c. It increases the possible methods for solving problems. d. It clarifies the choices by highlighting the best solutions. e. It simplifies the choices and therefore widens the range.