« previous next »

Author Question: If American and Japanese consumers buy the same basket of goods in each country and there is no ... (Read 68 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
If American and Japanese consumers buy the same basket of goods in each country and there is no inflation in either country,
 
  A) the law of one price will hold.
  B) deviations from PPP will occur.
  C) PPP will hold.
  D) Both A and C.

Question 2

301-actions are more frequently used as a tool of trade policy, especially since the formation of the World Trade Organization.
 
  Indicate whether the statement is true or false


adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Japanese Chin Japanese Chin
Painting of a Colonial American boy holding a pet squirrel. Painting of a Colonial American boy holding a pet squirrel.
The Canadian ballot is considerably simpler than the American ballot. Note there is nothing like a c The Canadian ballot is considerably simpler than the American ballot. Note there is nothing like a c
American Lives: Davy Crockett American Lives: Davy Crockett
Stressing that education reproduces a country’s social class system, conflict theorists point out ... Stressing that education reproduces a country’s social class system, conflict theorists point out ...
Shippers Declaration for Dangerous Goods Shippers Declaration for Dangerous Goods
Video: Summary of female reproductive cycle days 1-28

For a complete list of videos, visit our video library