What multinational institution was created by the Uruguay Round Agreements and replaced the GATT?
A) WTO B) European Union C) NAFTA D) None of the above
Answer: A
Economics
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Which of the following is an example of implicit collusion?
A) product differentiation B) a retaliation strategy C) a second-price auction D) price leadership
Economics
GDP ignores all of the following EXCEPT:
A. household production. B. the value of leisure time. C. products produced in other countries that are sold in the United States. D. changes in the environment that occur in the production of output.
Economics