Which of the following is NOT a true statement about the WTO and the protection of endangered species?
A) The environmental movement has been critical of the WTO.
B) Under WTO rules, countries have a right to impose import barriers to protect endangered species.
C) The WTO did not allow the U.S. to protect sea turtles.
D) GATT rules prohibit discrimination based on the production process used.
C
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According to some New Keynesian theories, one possible rationale for active policy making is
A) growing competition in U.S. product markets. B) flexible prices. C) sluggish adjustment of the price level in response to changes in aggregate demand D) people are not rational and so do not react to incentives.
When private companies offer health insurance to their employees the insurance carrier they contract with typically requires that all employees be obligated to participate and pay premiums whether they wish to or not
What problem is the health insurance company trying to avoid? How does this policy mitigate this problem?