Tag: Economics – Others

QUESTION 72Good x and good Y are related goods. If the price of good x increases and the demand for good Y shifts left, these goods are:A. substitutes.B. complements.C. inferior.D. normal.

The tendency toward international integration and interdependency of goods, technology, information, labor, and capital is calledfree tradeinternational businessdomesticationeconomic globalization

The ◻ subsidizes grain for eligible families in India at greatly reduced costs.
a. Global Food System
b. World Food Summit of 2010
c. National food Security Act of 2013
d. Large Plantation System

Seasonal migrant agricultural workers are now able to belong to a union in Canada.Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.a Trueb False
a True
b False
Submit

What types of barriers do governments use in protectionismTariff and non-tariff barriersCultural and language barriersCurrency exchange and stock trading barriersTechnology and innovation barriers

The value on goods imported into the U.S. is included in GDP for:
the United States.
the country that purchased the goods.
both the United States and the country that produced the goods.
no country.

Which of the following methods is primarily used to find equilibria of multistage sequential games?
Backward induction
Elimination of dominated strategies
Finding maximin strategies
None of the above

Which of the following has been key to modernizing the newly emerging democracies of both Central andEastern Europe?
Imported consumer goods
Marketing know-how
Hefty capital inflow
Western technology

Which sector is primarily focused on delivering goods and services for profit and is not controlled by the government?
A. public sector
B. Non-profit sector
C. Private sector
D. Government sector

The United States has imposed sugar importfor many years, which has directly preserved about half of the U.S. sugar market fordomestic producers.Multiple Choice