The notion that in a world with n markets, if n - 1 are in ...

[Lisaclaire]

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.

[fwbard]

Answer to Question 1

C

Answer to Question 2

A

[Lisaclaire]

Excellent

[bulacsom]

Gracias!