Homework Clinic
Social Science Clinic => Economics => Topic started by: jCorn1234 on Jun 30, 2018
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An exchange rate arrangement with a free market determined floating exchange rate for capital account transactions and a fixed exchange rate for current account transactions is called
A) capital-current account exchange rate system.
B) dual exchange rate system.
C) managed exchange rate system.
D) crawling peg exchange rate system.
Question 2
The welfare effects of a quota depend, to considerable extent, upon
A) who has the quota license.
B) the size of the quota.
C) elasticities of domestic demand and supply.
D) all of the above.
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Answer to Question 1
B
Answer to Question 2
D