Question
Just need the answers 70Free trade tends to make prices of many goods converge worldwide. False True 59Economists have found that foreign trade zones reduce
Just need the answers
70Free trade tends to make prices of many goods converge worldwide.
False
True
59Economists have found that foreign trade zones
reduce the number of jobs available in the United States.
reduce net income to U.S. residents.
can lead to greater investment and growth.
lead to environmental degradation.
54Ronald Coase believed that
the tragedy of the commons could not be solved, which was why it was called a tragedy.
informal organizations, if certain rules were set in place, were a solution to the tragedy of the commons.
assigning property rights and using markets to reach a solution was less costly than any other method of solving the tragedy of the commons.
government regulation was the best method to solve the tragedy of the commons.
50Consumers of public goods will
have an incentive to consume without regard to the cost of production.
not consume the product if it costs too much to produce.
have an incentive to purchase only the quantity that they can afford.
have an incentive to save and protect the good for a time when the need is greater.
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