Which of the following is an experiment which tests whether fairness is important in consumer decision making?

Which of the following is a problem that arises when trying to classify regional trade agreements?

A) Many agreements combine elements from different categories. B) The definition of free trade area includes that of a customs union. C) Some agreements include cultural issues while others do not. D) The most favored nation clause includes all of them. E) None of the above.

A European option differs from an American option in that it may be exercised

A) only on the spot date. B) only on the expiration date. C) only on the future date. D) on any date.