A. breakfast
B. cotton
C. video games
D. beer
A. customs union
B. economic union
C. common market
D. free trade area
A. Domestication
B. Protectionism
C. Localization
D. National interest
A. higher prices and lower output
B. higher prices and higher output
C. lower prices and lower output
D. lower prices and higher output
A. cannot benefit from the advantage of comparative advantage
B. may raise political problems in countries where their subsidiaries operate
C. can only invest at home but not overseas
D. can only invest overseas but not at home
A. Is the same as economic growth
B. Means improvement in lifestyle
C. Exists when there is equal distribution of income
D. All of the above
A. intermediate production
B. Net National Product
C. Investment
D. depreciation
E. consumption