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Author Question: International trade can have important effects on the distribution of income because A) some ... (Read 101 times)

Caiter2013

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International trade can have important effects on the distribution of income because
 
  A) some resources are immobile in the short run.
  B) of government corruption.
  C) the more powerful country dictates the terms of trade.
  D) rich countries take advantage of poor countries.
  E) different countries use different currencies.

Question 2

The main reason(s) why governments sometimes chose to devalue their currencies is (are)
 
  A) devaluation makes domestic goods more expensive in relation to foreign goods.
  B) devaluation makes domestic services more expensive in relation to foreign services.
  C) devaluation increases foreign reserves held by the central bank.
  D) devaluation improves the current account and increases foreign reserves held by the central bank.
  E) devaluation hurts foreign currencies.



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Madisongo23

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Answer to Question 1

A

Answer to Question 2

D




Caiter2013

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Reply 2 on: Jun 30, 2018
Gracias!


aruss1303

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Reply 3 on: Yesterday
:D TYSM

 

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