When did intellectual property rights become part of trade agreements?

Using the data in the above table, suppose imports equal $250 billion and investment equals $1,000 billion. Hence government expenditure equals

A) $1,000 billion. B) $750 billion. C) $500 billion. D) $250 billion.

The relative price of a unit of cloth in the small isolated country of Moribundia is 5 units of food. When then central city, Mudhole, puts in an airstrip, the country is able to engage in trade

If the relative price of cloth in the outside world is 3 units of food, then Moribundia will export ________ and ________ factors used in the production of ________ will benefit. A) food; immobile; food B) food; mobile; food C) cloth; immobile; cloth D) cloth; mobile; cloth E) food; immobile; cloth