Free trade and globalization is generally believed A) to cause ...

[pragya sharda]

Free trade and globalization is generally believed
 
  A) to cause a degradation in the world's environment.
  B) to improve the environment by correcting for distortions caused by import competing policies.
  C) to help spread the best of each country's culture, so as to uplift global cultural standards.
  D) to help each country safeguard the best of its own culture.
  E) to make no difference in the economic welfare of the world.

Question 2

By fixing the exchange rate, the central bank gives up its ability to
 
  A) adjust taxes.
  B) increase government spending.
  C) influence the economy through fiscal policy.
  D) depreciate the domestic currency.
  E) influence the economy through monetary policy.

[mcni194]

Answer to Question 1

A

Answer to Question 2

E

[pragya sharda]

Correct answers!

[mcni194]

Great! Please up vote