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Author Question: The member countries under the EMS (European Monetary System) let their currencies float jointly ... (Read 18 times)

imanialler

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on: Jun 30, 2018
The member countries under the EMS (European Monetary System) let their currencies float jointly among themselves, but maintained a fixed exchange rate against the rest of the world.
 
  Indicate whether the statement is true or false

Question 2

One way in which the Heckscher-Ohlin model differs from the Ricardo model of comparative advantage is by assuming that ________ is (are) identical in all countries.
 
  A) factor endowments
  B) scale of production
  C) factor intensities
  D) technology
  E) opportunity costs


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mmj22343

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

FALSE

Answer to Question 2

D


imanialler

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Reply 2 on: Jun 30, 2018
Excellent

tuate

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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