Which of the following is counted as a benefit from international trade?
A) New production processes developed in one nation are transmitted to others.
B) Intellectual property such as music and computer applications is introduced throughout the world.
C) New goods have been introduced to other parts of the world.
D) All of the above are benefits from international trade.
D) All of the above are benefits from international trade.
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What do the points on a particular AD curve have in common?
A. a specified rate of real GDP growth B. a specified rate of inflation C. a specified rate of money supply growth D. a specified rate of spending growth
According to the U.S. Treasury,
A) creditors do not have to accept cash in payment of debts. B) U.S. dollars must be accepted as payment for any good or service sold in the United States. C) firms do not have to accept cash as payment for goods and services. D) the government will not accept cash in payment of taxes.