Global and regional institutions like the WTO and the EU help reduce transaction costs by
a. providing a forum for exchanging goods and services.
b. setting tariff rates on imports and exports.
c. increasing information and transparency.
d. forcing all states to remove barriers to trade.
Question 2
Entertainment media reinforces the pattern of public knowledge and democratic citizenship that prevails for most Americans by
a. competing for Americans time and attention with the news.
b. promoting simplistic images of the world.
c. reinforcing the politics of symbolism.
d. All of the above are true.