A trade policy that allows a country to gain at the expense of other countries is called

Virtual currency unit 2 (VCU2) is different from VCU1 because:

a. VCU1 can only be purchased with real-word currencies. VCU2 can be purchased with real-world currencies and also earned in the virtual world. b. VCU1 cannot be converted into legal tender; VCU2 can be converted into legal tender. c. VCU1 can only be earned in the virtual world; VCU2 can be earned in the virtual world or purchased with legal tender. d. In terms of spending potential, there is no difference; both VCU1 and VCU2 can be spent in the real world.

Megabucks and CashCow are the only two firms in a market. Each firm must decide whether to price high or price low. The payoffs from each strategy combination are shown to the right long dash in millions of dollars

The frist number in each pair is Megabucks' profit; the second is CashCow's profit.

If the firms cooperate, the strategy that Megabucks will choose is __________, and the strategy that CashCow will choose is __________.

If the firms behave opportunistically, the strategy that Megabucks will choose is __________, and the strategy that CashCow will choose is __________.