Author Question: The notion that in a world with n markets, if n - 1 are in equilibrium, so must the nth, is known as ... (Read 107 times)

Lisaclaire · **on:** Jun 30, 2018

The notion that in a world with n markets, if n - 1 are in equilibrium, so must the nth, is known as

A) the uncertainty principle.
B) the first law of international trade.
C) Walras Law.
D) Friedman Law.

Question 2

The GATT is

A) an international treaty.
B) an international U.N. agency.
C) an international IMF agency.
D) a U.S. government agency.
E) a collection of tariffs.