Mexico's gains from NAFTA have benefited mostly:
a. unskilled workers.
b. semi-skilled workers.
c. higher-income workers.
d. agricultural workers.
Ans: c. higher-income workers.
You might also like to view...
Suppose that households became mistrustful of the banking system and decide to decrease their checking account balances and increase their holdings of currency
Using the money demand and money supply model and assuming everything else is held constant, the equilibrium interest rate should A) decrease. B) increase. C) not change. D) increase, then decrease.
Erin borrowed $18,000 to buy a car. Her loan will be paid off in 5 years. By the time that she pays off the loan, she will have made $20,327 in payments. Why did she have to pay $2,327 more than the price of the car?
(A) She had to pay interest of $2,327 for the privilege of borrowing the creditor of $18,000. (B) She had to pay interest of $2,327 for the privilege of borrowing the principal of $18,000. (C) She had to pay the principal of $2,327 for the privilege of borrowing the mortgage of $18,000. (D) She had to pay a default of $2,327 for the privilege of borrowing the principal of $18,000.