What, according to Frankel, does the "new trade theory" show that the classical theory does not?
a. that gains from trade are only a one-time increase in real income
b. the compounding effects of the spread of liberal economic ideology
c. that gains from trade can be permanent and ongoing rather than static
d. that targeted intervention in specific areas of the economy can be beneficial
c
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Statistical significance for nominal variables is which of the following?
a.) lambda b.) chi-square c.) gamma d.) degrees of freedom
Answer the following statement(s) true (T) or false (F)
1. The Supreme Court struck down all of Arizona’s 2012 anti-immigration bill. 2. The rise of ad hoc federalism is explained at least in part by the localization of party politics. 3. The Southern states formed a confederacy during the Civil War. 4. The federal system of government in the United States was designed at the Constitutional Convention. 5. Federalism promotes duplication of efforts and reduces accountability.