Which of the following statements is FALSE? Trade liberalization did not promote development in Latin America D East Asian economies exprienced rapid development due to export promotion Import-substituting industrialization aimed to promote economic growth but it a suceed D None of the above 3. Which of the following statements is FALSE if Malaysia's Ringgit ncreases in value in Comparison to the Singaporean Dollars?" O Malaysian consumers will get a stronger purchasing power OMalaysian producers might lose customers in Singapore OSingaporian consumers will prefer buying malaysian goods O None of the above 9. Which of the following statements can lead to an increase in value of the Malaysian ringgit?" O Reduction in Inflation rates in malaysia An increase in Malaysian Interest rates O A high Gross Domestic Product for Malaysia O All the above

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An oligopolist can price discriminate if it is able to customers with inelastic demand. Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a b C d raise, raise raise, lower lower, raise. prices on customers with elastic demand and lower, lower prices on

A farmer’s fields are right next to the train tracks, where sparks from the trains set the field on fire. The railroad profit from running zero, one, two or three trains is shown below. The columns indicate the number of trains running. Total railroad profits are the total profits to the railroad from running the specified number of trains. Total lost farmer profits are total profits the farmer loses from a specified number of trains running.                                                                                                           Trains                                                              0                 1                  2                  3 Total Railroad Profit.                      $200           $300           $350           $410Total Lost Profit for Farmer             $0             $100            $125            $300 1) If a court grants the railroad the property right throw sparks, and transaction costs are $1400 (split evenly by the…