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Author Question: Which type of exchange rate system minimizes external shocks to an economy? What will be an ideal ... (Read 133 times)

colton

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on: Jun 30, 2018
Which type of exchange rate system minimizes external shocks to an economy?
 
  What will be an ideal response?

Question 2

Based on Table 3.1, which country or countries has an absolute advantage and a comparative advantage in shoes?
 
  A) Mexico has an absolute and comparative advantage in shoes.
  B) The United States has an absolute and comparative advantage in shoes.
  C) The United States has a comparative advantage, and Mexico has an absolute advantage in shoes.
  D) Mexico has a comparative advantage, and the United States has an absolute advantage in shoes.


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Eazy416

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A flexible exchange rate system

Answer to Question 2

D


colton

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

T4T

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Reply 3 on: Yesterday
:D TYSM

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