The ________ in GATS requires member states to publish, prior to their entry into force, all of their national measures and international agreements that affect their obligations under GATS
A. ultra vires rule
B. foreseeability standard
C. most-favored-nation treatment
D. transparency provision
D
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Which of the following is true of the Clean Air Act?
A) It is the only major state law regulating air pollution in the United States. B) It fails to include the air pollution caused by fuel and fuel additives in its purview. C) It is only concerned with stationary sources of air pollution. D) It requires air pollution controls to be installed on motor vehicles.
A company looking for venture capitalist funding is deciding on the design of its operating system (OS) for its new phone. The first option is to simply buy the OS from another company
This would result in sales of either 10,000 units if the market is not crowded with similar phones, or sales of only 3,000 units if the market is crowded. If the company decides to design its own OS, the phone would have sales of 70,000 units if the OS was popular, but sales of only 2,000 if the OS was a failure. Suppose that to recoup the cost of designing their own OS the company would need to sell twice as many phones as when they simply buy the OS for the profit from the scenarios to be equal. Which option should the company choose if the probability that the market is crowded is 50% and the probability that the OS is popular is 75%?