If you will receive $3,000 three years from today and the discount rate is 7 percent, the present value of the $3,000 is

A(n) ________ is a trade policy by which a nation agrees to limit its exports of a good in order to avoid more restrictive trade policies

A) import ban B) tariff C) import quota D) voluntary export restraint

For a firm that can effectively price discriminate, who will be charged a lower price?

A) buyers that are members of the smallest market segment B) customers who have an elastic demand for the product C) buyers that are members of the largest market segment D) customers who have an inelastic demand for the product