Technological improvements are similar to international trade since they both ?

Related Mcqs:

Major trading partners of the United States including all of the following countries except ?

A. Canada B. Mexico C. China D. North Korea...

If there is a balance of payments deficit then in a floating exchange rate system ?

A. The external value of the currency would tend to fall B. The external value of the currency would tend to rise C. The injections from trade are greater then the withdrawals D. Aggregate demand is increasing...

International specialization takes place because of______________?

A. differences in technology B. differences in factor endowments C. scale economies D. All of the above...

For the United states, exports plus imports are about _____ of its gross national product?

A. 5 percent B. 10 percent C. 25 percent D. 55 percent...

The marginal propensity of consume is equal to ?

A. Total spending / total consumption B. Total consumption / total income C. Change in consumption / change in income D. Change in consumption / change in savings...