Those who will lose from free trade are ________ factors in sectors that produce goods that are ________

The ________ hypothesis suggests that errors in forecasting future inflation rates are due to random, unpredictable events.

A. chaos-theory B. stagflation C. rational-expectations D. Friedman

An upward-sloping supply curve of Korean won in terms of Canadian dollars indicates that:

a. the higher the dollar price of Korean won, the more won will be demanded. b. the higher the dollar price of Korean won, the fewer won will be supplied. c. the lower the dollar price of Korean won, the more won will be demanded. d. the lower the dollar price of Korean won, the fewer won will be supplied. e. the Korean economy is stronger than the Canadian economy.