Author Question: Trade without serious income distribution effects is most likely to happen A) in sophisticated ... (Read 128 times)

renzo156 · **on:** Jun 30, 2018

Trade without serious income distribution effects is most likely to happen

A) in sophisticated manufactures trade between rich countries.
B) in simple manufactures trade between developing countries.
C) in sophisticated manufactures trade between rich and poor countries.
D) in agricultural trade between rich countries.
E) in labor-intensive industries like clothing.

Question 2

A central bank's international reserves consists of its holdings of

A) gold.
B) silver and gold.
C) foreign assets and gold.
D) domestic assets and precious metals.
E) foreign and domestic currency holdings.