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Home Q & A Board Other Fields Homework Help Business Economics
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smcc617 smcc617
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6 years ago
Refer to the figure above. If A forms a customs union with C, the quantity of trade creation will be
 
  A) 100 units.
  B) 70 units.
  C) 30 units.
  D) None of the above.


Question 2 - Given that Sandy can produce 10 economics reports or 2 sales calls and Tim can produce 2 economics reports or 1 sales call, which of the following would NOT be a mutually agreeable terms of trade for Sandy and Tim?
 
  A) 1 economics report for 1 sales call
  B) 1 sales call for 3 economics reports
  C) 1 sales call for 4 economics reports
  D) 1 economics report for 1/4 of a sales call


Question 3 - The two main types of economies generating current account surpluses from 2000 to 2007 were Asian exporters and oil producers.
 
  Indicate whether the statement is true or false
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AmanBhutaniAmanBhutani
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6 years ago
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smcc617 Author
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#2
6 years ago
Thanks a whole bunch
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