This topic contains a solution. Click here to go to the answer

Author Question: The principal objective of WTO is to: a. reduce the level of all tariffs. b. establish fair prices ... (Read 162 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
The principal objective of WTO is to:
 a. reduce the level of all tariffs.
  b. establish fair prices for all goods traded internationally.
  c. prevent the trading of services across nations' borders.
  d. encourage countries to establish quotas.

Question 2

Which one of the following will shift the consumption function upward?
 a. Higher interest rates.
  b. Expectations that the economy will grow in the future.
  c. A decrease in money holdings.
  d. Higher capacity utilization rates.
  e. A tax increase.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mohan

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

a

Answer to Question 2

b




mohan

  • Sr. Member
  • ****
  • Posts: 362

 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library