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NEW QUESTION: 1
Country Y uses its scarce foreign-exchange reserves to buy scrap iron for recycling into steel. Although the steel thus produced earns more foreign exchange than it costs, that policy is foolish. Country Y's own territory has vast deposits of iron ore, which can be mined with minimal expenditure of foreign exchange.
Which of the following, if true, provides the strongest support for Country Y's policy of buying scrap iron abroad?
A. The price of scrap iron on international markets rose significantly in 1987.
B. Scrap iron is now used in the production of roughly half the steel used in the world today, and experts predict that scrap iron will be used even more extensively in the future.
C. There is virtually no difference in quality between steel produced from scrap iron and that produced from iron ore.
D. Country Y's foreign-exchange reserves dropped significantly in 1987.
E. Furnaces that process scrap iron can be built and operated in Country Y with substantially less foreign exchange than can furnaces that process iron ore.
Answer: E
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 2
Answer:
Explanation:
Explanation
NEW QUESTION: 3
Which of the following statements is/are right regarding CALCITONIN?
I- It secretion is normally stimulated during feeding, particularly of high calcium meals
II- Prevents hypercalcemia by inhibiting the transport of Ca intro extra cellular fluid and by increasing the
renal clearance of calcium
III- It is a vitamin D derivative
A. All are correct
B. II and III only
C. I and II only
D. I only
E. III only
Answer: C
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