Author Question: The East Asian Miracle of the Four Tigers in the 1960s was replicated by A) developing countries ... (Read 106 times)

laurencescou · **on:** Jun 30, 2018

The East Asian Miracle of the Four Tigers in the 1960s was replicated by

A) developing countries around the world.
B) other East Asian countries.
C) Sub Sahara African countries.
D) Industrialized countries.
E) Eastern European countries.

Question 2

In the model of monopolistic competition, trade costs between countries cause

A) marginal costs of exported goods to exceed the marginal costs of goods sold domestically.
B) marginal costs of goods sold domestically to exceed the marginal costs of exported goods.
C) all firms that can earn a profit on domestic sales to export their goods at lower prices.
D) all firms that can earn a profit on domestic sales to export their goods at higher prices.
E) countries to negotiate the elimination of trade costs by mutual subsidization of trade.