The new GATS and TRIPS are separate agreements negotiated within the WTO framework as part of the Uruguay Round that apply to

A) services and aircraft.
B) services and transportation.
C) agriculture and textiles.
D) services and intellectual property.
E) textiles and transportation.

D

Economics

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If the percentage change in the quantity demanded is not zero but is less than the percentage change in the price, demand is

A) elastic. B) inelastic. C) unit elastic. D) perfectly elastic. E) perfectly inelastic.

Economics

What are the five most important variables that shift the market supply curve?

What will be an ideal response?

Economics