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miguelb80 miguelb80
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6 years ago
Most regional trade and WTO agreements practice
 
  A) the harmonization standards only.
  B) separate standards only.
  C) mutual recognition standards only.
  D) a combination of harmonization, mutual recognition, and separate standards.


Question 2 - Which of the following is NOT one of the factors that could affect the size of the multiplier?
 
  A) What sector of the economy receives the initial increase in spending
  B) How the spending is financed
  C) Whether the economy is in recession or at full employment
  D) Whether the economy is in autarky equilibrium


Question 3 - Assume that both the United States and Germany produce beef and computers. The U.S. can produce 200 computers or 1,000 pounds of beef per day. Germany can produce 500 computers or 250 pounds of beef per day. Graph the PPCs for each country, putting computers on the horizontal axis. Then identify the slopes of the PPCs. What does the slope represent?
 
  What will be an ideal response?
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sandhya@123sandhya@123
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6 years ago
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miguelb80 Author
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6 years ago
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6 years ago
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