U.S. imports have topped U.S. exports every year since ________

Which of the following is not a potential source of comparative advantage for China in the manufacturing sector?

A) Abundant low wage, low skill workers B) A large domestic market that can lead to scale economies C) Coastal areas with good logistics for international trade D) Abundant credit from China's government sector to set up manufacturing operations

In a sequential game, if Irene decides to enter the market, what would be Mattie's best response?

a. Accommodate b. Fight c. Run away d. Shut down