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Author Question: WTO talks in the late 1990s led to openings in both financial services and telecommunications. ... (Read 46 times)

saliriagwu

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on: Jun 30, 2018
WTO talks in the late 1990s led to openings in both financial services and telecommunications.
 
  Indicate whether the statement is true or false

Question 2

Economists believe that there are many nonmonetary gains from further trade opening. Which of the following is NOT one of those potential gains?
 
  A) Economies of scale from increased production decreases costs.
  B) Intensified competition lowers prices.
  C) Governments will be less reliant on tariff revenue.
  D) Diversification of production lowers risks.
International Economics ¦ Gerber ¦ 6th Edition
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skipfourms123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


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