The World Bank formed the World Trade Organization when it became clear that to alleviate poverty in developing nations, agricultural trade barriers were going to have to be reduced

The collapse of the Bank of Credit and Commerce International, BCCI, showed the difficulty of international banking regulation. BCCI operated in more than ________ countries and was supervised by the small country of ________

A) 70, Luxembourg B) 100, Monaco C) 70, Monaco D) 100, Luxembourg

Which of the following is an expected result of a network externality?

a. An increase in deadweight loss b. An increase in social costs c. A positive spillover effect d. An increase in private costs