When a nation exports a good or service in which it has a comparative advantage, employment in that industry
A) decreases.
B) stays the same.
C) increases.
D) might change, but more information about what else the country exports is needed to determine if employment increases, decreases, or does not change.
E) might change, but more information about what the country imports is needed to determine if employment increases, decreases, or does not change.
C
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Which of the following counts as part of money?
A) $10,000 in gold bars B) $10,000 in government bonds C) $10,000 in a checking account D) $10,000 in corporate bonds
During the past decade, India has invested about 22% of its GDP while China's investment rate has been double that of India's. India's annual growth rate has been about 6% while that of China has been about 9%. What conclusions can you draw?
What will be an ideal response?