The ____________ model best explains intra-industry trade.

If the interest rate is above the equilibrium interest rate, then

A) there is an excess demand for money. B) the quantity of money demanded exceeds the quantity supplied. C) people will sell bonds and the interest rate will fall. D) people will buy bonds and the interest rate will fall.

The primary interest of firms engaging in offshoring is to find lower wages and to decrease production costs

Indicate whether the statement is true or false