Bananas in the European Union often retail for twice more than they do in the U.S. What is the most likely explanation for this fact?
A) A complicated system of tariffs and quotas that the EU has imposed to control the imports of bananas.
B) More significant freight costs to ship bananas from Central America.
C) Larger markup by European retailers.
D) None of the above.
Question 2
A fixed exchange rate system crisis may be accompanied or followed by
A) unexpected gains of international reserves.
B) revaluation of a currency.
C) devaluation of a currency.
D) gains in comparative advantage.
E) deflationary pressures within the country.
European scops owl and the extinct Otus mauli species from Madeira.
Monstrous people from distant lands depicted in a fifteenth-century European woodcut.
New England children like David, Joanna, and Abigail Mason (painted by an unknown artist around 1670
When Union troops pushed toward Richmond in June of 1862, these slaves crossed the Rappahannock Rive
Spoon vanilla yogurt over canned crushed pineapple and sliced bananas for a tropical treat
About 1 in 25 Americans of European descent, 1 in 46 Hispanics, 1 in 60 to 65 African Americans, and