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Author Question: Economists consider the effects of free trade on income distribution to be ________ important than ... (Read 169 times)

Coya19@aol.com

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on: Jun 30, 2018
Economists consider the effects of free trade on income distribution to be ________ important than the effects on overall welfare because ________.
 
  A) less; those who are harmed can be compensated by those who gain
  B) more; those who are harmed are not compensated by those who gain
  C) less; the effects on income distribution are minor and inconsequential
  D) more; the effects on income distribution are major and consequential
  E) less; the wealthy benefit and only the poor lose

Question 2

What types of international transactions are recorded in the balance of payment accounts?
 
  What will be an ideal response?


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harveenkau8139

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

A

Answer to Question 2

Three types: transactions that involve exports and imports of good and services; transactions that involve the purchase or sell of financial assets; and exports and imports of good and services; other activities resulting in transfer of wealth between countries which are recorded in the capital account.


Coya19@aol.com

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Reply #2 on: Jun 30, 2018
Thank you


harveenkau8139

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Reply #3 on: Jun 30, 2018
No problemo


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