Whenever average cost exceeds marginal cost,

In addition to China's recent growth, the economic crisis in the U.S. and Europe beginning in 2008 further undermined the influence of

a. transnational advocacy networks. b. the Washington consensus. c. the poverty line. d. late, late developers.

The ________ the exchange rate, the ________ are foreign-produced goods and hence the smaller the quantity of dollars supplied

A) lower; more expensive B) lower; cheaper C) greater; cheaper D) greater; more expensive