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Author Question: The European Union (EU) is an example of a A) customs union. B) free trade area. C) ... (Read 266 times)

nelaaney

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on: Jun 30, 2018
The European Union (EU) is an example of a
 
  A) customs union.
  B) free trade area.
  C) reciprocal trade agreement.
  D) None of the above.

Question 2

Which of the following statements is correct?
 
  A) PPP is a theory of exchange rate determination.
  B) Inflation differentials cause changes in exchange rates.
  C) PPP is an equilibrium relationship between two endogenous variables.
  D) PPP, or the law of one price, should hold well for individual goods.


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FergA

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


nelaaney

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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