This topic contains a solution. Click here to go to the answer

Author Question: The shift toward more open, integrated economies that participate in foreign trade and investment is ... (Read 46 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
The shift toward more open, integrated economies that participate in foreign trade and investment is referred to as:
 
  A) protectionism.
  B) fair trade promotion.
  C) globalization.
  D) traditionalism.

Question 2

Which of the following statements is true?
 
  A) A buyer who sets a price so that he can purchase any amount of a good he wants at a fixed price, if he has the money to pay for it, is called a price leader.
  B) All buyers in a perfectly competitive market set prices to compete in their market.
  C) The relative prices of goods do not affect a consumer's buying decision.
  D) A consumer in a perfectly competitive market buys only a tiny fraction of the total amount produced.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

C

Answer to Question 2

D




nautica902

  • Member
  • Posts: 591
Reply 2 on: Jun 29, 2018
Wow, this really help


xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

For a complete list of videos, visit our video library