Consider the market for meekers in the imaginary economy of meekertown. in the absence of international trade, the domestic price of meekers is $40. suppose that the world price of meekers is $39.

assume that meekertown is too small to influence the world price of meekers once it enters the international market. if meekertown allows free trade, then it will (export, import) meekers.

given current economic conditions in meekertown, complete the following table by indicating whether each of the statements is true or false.

statement

true false

answer; 20% is your answer;

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.