Which of the following examples is NOT a negative stock externality?
A) Goodwill generated by a company
B) Noise pollution from an airport
C) Odors emitted from a paper mill
D) None of these cases are examples of negative stock externalities
D
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All of the following are reasons that trade between nations is beneficial EXCEPT
A) gains from specialization. B) exchange of ideas. C) protection of domestic industries. D) gains from trade.
How is foreign trade in inputs similar to trade in outputs?
A. U.S. producers buy (outsource) cheap foreign inputs (labor) while U.S. consumers buy cheap foreign outputs (U.S. imports). B. U.S. producers sell (outsource) cheap foreign inputs (labor) while U.S. consumers buy cheap foreign outputs (U.S. imports). C. U.S. consumers sell (outsource) cheap foreign inputs (labor) while U.S. producers sell cheap foreign outputs (U.S. imports). D. All of the choices are correct.