In 2012, the imaginary nation of Kanmiw had a population of 8,044 and real GDP of 36,198,000 . In 2013 it had a population of 7,800 and real GDP of 35,880,000 . What was the growth rate of real GDP per person in Kanmiw between 2012 and 2013?

Why is it impossible that all industries in a developing country qualify as infant industries?

(a) You cannot have a comparative advantage in everything. (b) You cannot have an absolute advantage in everything. (c) This would violate international law. (d) This would reduce the terms of trade.

Which of the following would not be illegal according to the Robinson-Patman Act

a. "Party Packers" getting 10cents off every pack of ribbon they buy after 1000 units b. "Fred's Farms" offering 50 cents off a crate of strawberries to retailers to match other suppliers with similar rates c. "Sam's Sandwiches" receiving 5 cents off per pound of cheese d. All of the above