Government procurement liberalization permits a country to realize cost savings resulting from the trade effect, competition effect, and economies-of-effect.

By joining NAFTA, the United States, Canada, and Mexico would find their short-run welfare decreasing due to the: A: Economies of scale effect B: Business investment effect C: Trade creation effect D: Trade diversion effect

Which type(s) of economies interact with other economies?? neither closed nor open economies|closed economies and open economies|only closed economies|only open economies

()economies such as Singapore

External economies外部经济

Car firms are desperate to achieve economies of .

According to the passage, to do the "effect to effect" reasoning is to reason _____. A: from cause to effect B: from effect to cause C: from effect to effect and on to cause D: from effect to cause and on to another effect

Countries trade with each other because they are _______ and because of ______ A: different, costs B: similar, scale economies C: different, scale economies D: similar, costs

The new law has come into _____; surely it will have _____on industry of the country. A: affect; an effect B: effect; affect C: effect; an effect D: an effect; an effect

The new tax law______from next May. A: carried into effect B: puts into effect C: takes effect D: has effect