Benefits of free-trade agreements suppose that bangladesh, a relatively poor, agricultural nation with a low level of technological development, has been able to improve its technology since it joined a free-trade agreement. which of the following benefits of international trade describes this free-trade benefit that bangladesh enjoys? lower unit costs through economies of scale increased competition enhanced flow of ideas increased variety of goods bangladesh has been able to improve its technology through imports due to its adherence to a multilateral approach to trade restrictions that has dramatically reduced average tariffs among member nations and is known as the .

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach