________ discourage low-risk individuals from seeking health insurance

If country X can produce a unit of good 1 at a lower opportunity cost than can country Y, it is correct to state that country X

A) has a comparative advantage in producing good 1. B) has an absolute advantage in producing good 1. C) will import good 1 from country Y. D) will not produce good 1.

The Tokyo Round of the GATT negotiations was notable because it was the first round

A) that included Japan. B) that included textiles and apparel. C) to begin establishing rules on subsidies. D) to begin discussions of exchange rates.