Assume that investment opportunities are less in high-wealth countries and more in low-wealth countries. Now, if all barriers to international financial transactions are removed, borrowers in ________ countries lose and lenders in ________ countries gain.

The smaller the slope of the aggregate planned expenditure (AE) curve, the

A) larger are imports. B) smaller the multiplier. C) larger the multiplier. D) larger are exports. E) larger is the marginal tax rate.

When individuals form an alliance to ensure that all members will volunteer in case of a volunteer's dilemma, this is called

A) compulsory volunteerism. B) coalition building. C) bargaining. D) eminent domain.