One provision of the Uruguay Round Agreement of the General Agreement on Tariffs and Trade in 1993 was:
A. The establishment of an aid package for Russia and other nations of the former Soviet Union
B. The establishment of a trading bloc between the United States, Canada, and Mexico
C. A reduction in domestic agricultural subsidies and protection of intellectual property
D. A reduction in the protection of intellectual property rights
C. A reduction in domestic agricultural subsidies and protection of intellectual property
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To pay for a current account deficit, a country can
A) borrow money from abroad. B) lend money abroad. C) increase official reserves to cover the shortfall. D) transfer money from the capital account to the official settlements account.
Which of the following is true about the Bitcoin:
a. New Bitcoins are created by private, non-Bitcoin affiliated individuals (i.e., not Bitcoin employees) called miners, who solve computer algorithms to earn the newly created Bitcoins. b. New Bitcoins are created by the Bank of Bitcoin (BoB), which is (for all intents and purposes) the central bank in charge of Bitcoin's supply. c. New Bitcoins are created by Bitcoin Inc., which is a company, like Facebook or Microsoft, thathas developed this virtual currency. d. Bitcoin transactions are cleared through clearing houses, such as Mt. Gox. e. Bitcoin has a fixed exchange rate relative to the U.S. dollar and other currencies.