Which of the following groups gain from international trade? i. producers of exported goods ii. domestic consumers of imported goods iii. workers in exporting firms

"A perfect competitor should maximize total revenues." Do you agree or disagree? Explain

What will be an ideal response?

"Remittances" occur when:

A. two countries send immigrants to each other in approximately equal numbers. B. physical capital flows into a country that has lost labor due to migration. C. immigrants send financial payments back to family in their country of origin. D. migrants return to their home country.