What result of the Uruguay Round was the most significant for global trade?

Suppose you have $400 and the inflation rate is 5 percent. In order to earn a real return of $16 on your investment, the nominal interest rate needs to be near

A) 0 percent. B) 4 percent. C) 6 percent. D) 9 percent.

Assume the United States has an absolute advantage in the production of everything compared to the African nation of Berundi. Can you think of any reason why both nations would still find it to their mutual advantage to trade with each other?

What will be an ideal response?