Author Question: By integrating vertically, a. firms trade with one another through markets b. firms trade with one ... (Read 111 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
By integrating vertically,
 a. firms trade with one another through markets
  b. firms trade with one another through government intermediation
  c. firm and market processes are connected to produce a good or service most efficiently
  d. the various procedures involved in producing a good are collected within one firm
  e. the various procedures involved in producing a good are parceled out among various contractors

Question 2

As long as trade across borders is unrestricted and exchange rates adjust freely, the purchasing power parity theory predicts that the exchange rate between two national currencies will adjust in the
 a. short run because of the actions of arbitrageurs
  b. long run to reflect differences in the nations' price levels
  c. long run to reflect changes in the governments' trade policies
  d. short run because of the actions of speculators
  e. long run to reflect differences in military power



Tonny

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

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?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library