« previous next »

Author Question: A rise in the real exchange rate represents an increase in the purchasing power of the home ... (Read 32 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
on: Jun 30, 2018
A rise in the real exchange rate represents an increase in the purchasing power of the home currency.
 
  Indicate whether the statement is true or false

Question 2

Describe the potential benefits and the potential costs to global trade of the tremendous growth in regional trade agreements.
 
  What will be an ideal response?


JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

A regional trade agreement creates preferential treatment for nations that are participants, which violates the idea of MFN status in multilateral agreements, where nations agree to treat all participants the same. The WTO recognizes that regional agreements destroy some opportunities for trade by making non-members face higher barriers than members of the regional agreement. But it believes that they create more trade than they divert, and the regional agreements allow nations to try out arrangements that may later be adopted more broadly.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Hormonal regulation of digestion rate in the stomach and small intestine. Hormonal regulation of digestion rate in the stomach and small intestine.
The League of Nations, the Kellogg-Briand Pact, the Nine-Power Treaty—all were mere scraps of ... The League of Nations, the Kellogg-Briand Pact, the Nine-Power Treaty—all were mere scraps of ...
Sample Workout in the Target Heart Rate Range Sample Workout in the Target Heart Rate Range
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Structures that affect circulation - venous return

For a complete list of videos, visit our video library