Free trade is ________, because it ________ the size of the pie available to the economy.

A. efficient; decreases
B. inefficient; decreases
C. inefficient; increases 
D. efficient; increases

Answer: A

Economics

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Labor standards in trade are typically opposed by most developing countries who believe that they will be used

A) to further neo-imperialist colonial exploitation. B) to charge these countries with crimes against child-labor standards at the Hague. C) as a protectionist tool by import-competing producers in industrial countries. D) as a means of spreading U.S. Corporate Values and destroying local cultures. E) to hinder investment in foreign-based multinational corporations.

Economics

An increase in the rate of depreciation is associated with ________

A) a decrease in the rate of productivity B) a decrease in gross investment C) a decrease in net investment D) an increase in net investment

Economics