Trade and interest rates both influence

a. trade deficits.
b. comparative advantage.
c. exchange rates.
d. subsidies.

c

Political Science

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Nearly one-half of House personal staff and nearly one-third of Senate personal staff work in Congressional members' offices in __________; this makes it easier for people to make contact with the staff.

a. the White House b. their constituencies c. their parties' headquarters d. their state capitals e. Washington,

Political Science

Which of the following best describes comparative advantage? a. If a state can produce the highest volume of wool in the world, that state should produce wool regardless ofopportunity cost

b. If a state can produce equal amounts of wine and wool, that state should produce whichever good is moreexpensive and desirable in the global economy. c. If a state can produce wine at a lower opportunity cost than wool, that state should produce wine even if itcould produce more wool than any other state in the world. d. States should avoid producing wine, as wool is a more valuable resource to the economy.

Political Science