International trade decreases the demand for workers in domestic industries that
A) produce goods that are exported from the country.
B) produce the goods in which the nation has a comparative advantage.
C) help businesses import and export.
D) produce goods that also are imported into the country.
E) service imported goods.
D
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Which of the following fixed exchange rate regimes has very little monetary policy autonomy?
A) dirty float B) open peg C) open nonpeg D) closed
Exhibit 14-2 Cigarette smoking dataJack enjoys smoking, while Jill fears that second-hand smoke will shorten her life. The following table shows the value Jack places on each cigarette he smokes, and the value Jill places on her shortened life. Use the table to answer the following question(s): Quantityof cigarettes Total value to Jackof cigarettes Days of life lost Total value to Jillof days lost 1 $ 50 1 $ 30 2 90 2 60 3 120 3 90 4 140 4 120 5 150 5 150 As shown in Exhibit 14-2, what is the socially efficient number of cigarettes?
A. 0. B. 1. C. 3. D. 5.