The international agreement signed in 1947 to promote world trade by reducing tariffs and other barriers to international trade was called

A) GATT.
B) NAFTA.
C) WTO.
D) Bretton-Woods agreement.

Answer: A

Economics

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Less than 10% of two-parent poor families have interest or dividend income

Indicate whether the statement is true or false

Economics

Figure 4-25


Refer to . The benefit to the government is
a.
measured by tax revenue and is represented by area A + B.
b.
measured by tax revenue and is represented by area B + D.
c.
measured by the net gain in total surplus and is represented by area B + D.
d.
measured by the net gain in total surplus and is represented by area D + E.

Economics