Developing countries that concentrate production in agricultural products or raw materials may face a secular decline in their international terms of trade due to
A) sluggish demand for these products in developed countries.
B) large increases in the supplies of these products on world markets due to export expansion policies.
C) inelastic demand for these products in developed countries.
D) All of the above.
D
Economics
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Refer to the table above. Net exports equal
A) -$2,800 billion. B) $2,800 billion. C) $200 billion. D) -$200 billion. E) $400 billion.
Economics
Marginally attached workers
A) are not looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. B) are working part-time, but they want full-time work. C) don't have jobs and are pessimistic about their chances of finding a suitable job. D) have a bad attitude towards work.
Economics