Author Question: Empirical evidence regarding the effects of devaluation on the balance of trade indicates that A) ... (Read 40 times)

nummyann · **on:** Jun 30, 2018

Empirical evidence regarding the effects of devaluation on the balance of trade indicates that

A) devaluation generally improves the BOT.
B) devaluation generally hurts the BOT.
C) no strong generalizations are possible.
D) devaluation has no effect on the BOT.

Question 2

Transborder environmental impacts can take place when one country's pollution spills over into a second country in all of the following situations EXCEPT

A) when an upstream user pollutes a shared watershed.
B) when industrial production in one country creates acid rain in another country.
C) when heavy traffic between two or more countries creates semi-global warming.
D) the production of exported products degrades the local environment.
E) ozone depletion caused by many countries' pollution spills or emissions.