It is possible for the balance of trade to be negative, and the current account to be positive

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Suppose that under its collective bargaining agreement the XYZ Corp can hire nonunion workers, but these workers must join the union within 60 days. This agreement is an example of

A) an open shop. B) a closed shop. C) a company union. D) a union shop.

Economics

A perfectly competitive firm has

a. A perfectly elastic demand curve b. A perfectly elastic supply curve c. A downward sloping demand curve d. A downward sloping supply curve

Economics