According to the classical theory of unemployment, the best solution for unemployment is to A. decrease inflation. B. increase prices. C. encourage spending D. cut wages. When a nation can produce a product for less than other nations, it is said to have a(n) A. comparative advantage, B. absolute advantage C. trade quota D. trade surplus A country is experiencing civil unrest. What to likely to happen to the value of its currency? A. It will not be affected. B. It will increase. C. It will stabilize D. It will decrease. To expand into foreign markets an American business owner acquires a small manufacturing plant in Thailand. Which of the following entry modes is the business owner using to expand the company internationally? A. Independent trade intermediary B. Joint venture C. Wholly owned subsidiary D. Franchise