Which of the following scenarios shows a benefit of international trade?
a. Edie was able to buy durian from Thailand at a fruit stand in New York City year round.
b. The latest film in a superhero series was the top box office draw in the country last week.
c. After the knitting factory closed, the building was converted into modern loft apartments.
d. Preeti earned about a third of what her U.S. counterpart earned per hour for the same work.
a. Edie was able to buy durian from Thailand at a fruit stand in New York City year round.
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A government-inhibited good is one that
A) the political process has determined is socially undesirable. B) the political process has determined is socially desirable. C) freely competitive markets have determined is socially desirable. D) we want to encourage the consumption of.
The Federal Reserve System is under the strict control of
a. the executive branch b. the legislative branch c. the judicial branch d. the International Monetary Fund e. none of the above