This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The EU currently is a preferential trade agreement with no governmental institutions. Indicate ... (Read 108 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
The EU currently is a preferential trade agreement with no governmental institutions.
 
  Indicate whether the statement is true or false

Question 2

Empirical studies find that exchange rates are much more variable than inflation differentials. How can we explain this empirical result?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE
Explanation: Indeed, it, more than any other similar agreement, has developed a complete government with three branches.

Answer to Question 2

Financial markets adjust faster than goods market. Therefore, for any exogenous shock or news, we expect exchange rates to change faster than prices. Thus the differential speed of adjustment makes exchange rates much more variable.


chandani

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Atlantic Slave Trade, 1451–1870 Atlantic Slave Trade, 1451–1870
A second jetliner approaches the south tower of the World Trade Center on September 11, 2001. The no A second jetliner approaches the south tower of the World Trade Center on September 11, 2001. The no
New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f
Schengen Agreement Schengen Agreement
Growth of World Trade, 1870–2010 Growth of World Trade, 1870–2010
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
Video: Secretin (inhibiting gastric acid secretion), Cholecystokinin (fat digestion) & Cholecystokinin

For a complete list of videos, visit our video library