The successor organization to GATT that handles trade disputes among its member nations is the

A) World Trade Organization.
B) European Union.
C) General Agreement on Tariffs and Trade.
D) North American Free Trade Agreement.

A

Economics

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The real wage rate definitely falls if the money wage rate ________ and the price level ________

A) rises; rises B) rises; falls C) remains constant; falls D) remains constant; rises E) falls; falls

Economics

A simple loan involves

A) interest payments from the borrower to the lender periodically during the life of the loan. B) no payment of interest by the borrower to the lender. C) payment of interest by the borrower to the lender only at the time the loan matures. D) payment only of principal. by the borrower to the lender at maturity.

Economics