If the Costa Rican colone is expected to depreciate in the ...

[formula1]

If the Costa Rican colone is expected to depreciate in the future, it will temporarily appreciate as people move to take advantage based on this expectation.
 
  Indicate whether the statement is true or false

Question 2

How is the international economy qualitatively different in the first part of the 21st century from what it was like in the first part of the 20th century?
 
  What will be an ideal response?

[jliusyl]

Answer to Question 1

FALSE

Answer to Question 2

Since tariffs and quotas have been reduced (and would have been the common barriers in the past), now nations are addressing issues related to deeper levels of integration, which involve domestic policies such as labor or environmental standards or investment policies. Today there are multilateral international governmental organizations that address global economic issues where none existed then. There has been a significant increase in the number of regional trade agreements.

[formula1]

Thank you

[jliusyl]

No problemo