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2goodgabe 2goodgabe
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6 years ago
Investment in human capital is very similar to investing in physical capital. True or false? Explain your answer.
 
  What will be an ideal response?


Question 2 - The result of British currency policy after World War I
 
  A) left the country with painfully high interest rates and unemployment for years.
  B) left the country well positioned for the roaring twenties that followed.
  C) gave the country a tremendous advantage when the Smoot-Hawley Act was passed in the U.S.
  D) left the country at a tremendous disadvantage when the Smoot-Hawley Act was passed in the U.S.


Question 3 - A situation in which government intervention in the economy worsens the economic outcome is termed
 
  a. neoclassical failure.
  b. socialism.
  c. government failure.
  d. dependency revolution.


Question 4 - Many primary products from developing countries are hurt by
 
  a. regional trade agreements
  b. tariff escalation
  c. effective protection
  d. Part IV of the GATT
  e. all of the above
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nsc95nsc95
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6 years ago
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2goodgabe Author
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