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Author Question: As of 2008, the members of the WTO account for 97 percent of the world's international trade. ... (Read 558 times)

mspears3

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As of 2008, the members of the WTO account for 97 percent of the world's international trade.
 
  Indicate whether the statement is true or false

Question 2

If the relative price of S in terms of T is 2 and S has a nominal price of 1, then the relative price of T is
 
  A) 2.
  B) 50 cents.
  C) 1/2 S.
  D) Need more information to answer.



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tsternbergh47

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Answer to Question 1

TRUE

Answer to Question 2

C





 

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