Many economists believe that the collapse of world trade and the depression in the 1930s were linked by a decrease in real income caused by producing on the basis of comparative advantage.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Which of the following is not an argument favoring tariffs?
a. They help infant industries grow.
b. They increase consumer surplus for domestic consumers.
c. They reduce domestic unemployment.
d. They are necessary for national security reasons.
World Ecosystem
Much Exploration for Oil and Gas Takes Place in Remote Parts of the World
Symptoms of Depression
Per capita consumption of power is high in the developed world and highest in the United States
World Climate Zones
Some X-linked Recessive Traits