When imports of goods exceed exports of goods, the financial account shows a deficit

Which of the following is true regarding price discrimination?

i. It converts consumer surplus to economic profit. ii. A price discriminator must be a monopoly. iii. To be able to price discriminate, the firm must be able to identify different types of buyers. A) i and ii B) i and iii C) ii and iii D) ii only E) i, ii, and iii

Nations get significant advantages if they have a single, valuable, natural resource, with little downside risk

Indicate whether the statement is true or false