Monique buys a new television for $795. She receives consumer surplus of $355 from the purchase. How much does Monique value her television?

When BMW, an German company, purchases a welding machine that was made in Toronto, the purchase is

A) both a German and a Canadian import. B) a German import and a Canadian export. C) a German export and a Canadian import. D) neither an export nor an import for either country.

Which union recently agreed to a 3-year wage freeze and the loss of 3,000 jobs in exchange for plant upgrades and limited imports?

A. The United Steel Workers B. The United Automobile and Aerospace Workers C. The International Association of Machinists and Aerospace Workers D. The International Brotherhood of Electrical Workers