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Economies of scale increases the efficiency of resource utilization, therefore increasing what? Select one: OA. costs OB. capital OC. productivity OD. factor endowments OE profitability

Economies of scale increases the efficiency of resource utilization, therefore increasing what? Select one: OA. costs OB. capital OC. productivity OD. factor endowments OE profitability Which of the following statements accurately characterizes mercantilism? Select one: OA. It is a new, highly credible doctrine OB It is an old and largely discredited doctrine OC. It still influences many governments OD. It is a new but largely discredited doctrine OE It is an old yet highly credible doctrine Tariffs cause the most damage to whom? Select one: O A. governments OB. consumers OC. retailers OD. trade associations OE producers Generally speaking, there has been a(n) in the past 35 years. Select one: OA increase in flow but not the stock of FDI in the world economy OB. marked decrease in both the flow and stock of FDI in the world economy OC increase in the stock but not in the flow of FDI in the world economy D. greater restrictions on the outflow, while liberalization of the inflow of FDI OE marked increase in both the flow and stock of FDI in the world economy

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