Refer to Table 7-6. All of the following are terms of trade that could possibly benefit both countries except

The analysis of how a customer's tastes for cars will change when his wealth triples is under the scope of:

A) ordinal study. B) comparative statics. C) marginal research. D) Pareto analysis.

A commitment problem exists when people cannot achieve their goals because:

A. they do not have the first-mover advantage in a sequential move game. B. they cannot play their dominant strategy. C. the payoff matrix is unknown. D. they cannot make credible threats or promises.