When the WTO met in Seattle to initiate a further move towards free international trade, thousands of activists met
A) in order to promote the WTO's goals of Trade-not Aid.
B) in order to laud the WTO policy orientation which would bust local monopolies and therefore help ordinary relatively poor consumers everywhere.
C) in order to laud the WTO policy of disallowing government sweetheart deals, which typically meant that corrupt governments subsidized their in-laws' conglomerates on the backs of poor taxpayers.
D) in order to support the WTO efforts of bringing about a universal shift of resources in poor countries to higher efficiency and productivity uses, which would raise the real incomes of everyone.
E) in order to protest WTO free trade policies that they believed hurt workers.
Question 2
Which of the following transactions is a debit in the US current account?
A) Export of merchandise
B) Export of services
C) Gifts to foreigners
D) Foreign bond purchases
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