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neddhelp4exam neddhelp4exam
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6 years ago
Which of the following is a macroeconomic factor that contributed to the financial crisis in 2007?
 
  A) Global saving and investment imbalances
  B) Financial market innovation
  C) Deeper levels of integration across financial markets
  D) Challenges and failures in financial regulation


Question 2 - Mutual recognition of standards refers to
 
  A) the elimination of tariffs and quotas by trading partners.
  B) common product safety, environment, labor, and fair competition standards agreed upon by trading partners.
  C) the acceptance or keeping of a trading partner's standards as valid and sufficient by another trading partner.
  D) separate standards held by different trading partners which other partners refuse to recognize.


Question 3 - If the U.S. (a large country) imposes a tariff on its imported good, this will tend to
 
  A) improve the terms of trade of the United States.
  B) have no effect on terms of trade.
  C) improve the terms of trade of all countries.
  D) cause a deterioration of U.S. terms of trade.
  E) raise the world price of the good imported by the United States.
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SikircSikirc
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6 years ago
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neddhelp4exam Author
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#2
6 years ago
Thank you Jesus, my teacher is bad at explaining
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#3
6 years ago
Praise the LORD ha ha No worries
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