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

Author Question: A floating exchange rate means that a. market forces rather than government intervention ... (Read 68 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
on: Sep 3, 2018
A floating exchange rate means that
 
  a. market forces rather than government intervention determines currency values.
  b. the IMF will allow weak currencies to sink as a way of preserving the value of strong currencies.
  c. all currencies will be converted to their respective values of sterling silver prior to international purchases.
  d. the value of a country's currency is lower overseas than at home.

Question 2

The dominant economic approach during the Bretton Woods system, which combined open international markets with domestic state intervention to attain such goals as full employment and social welfare is called _____.
 
  a. mercantilism
  b. commercial liberalism
  c. fixed exchange rates
  d. embedded liberalism


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Sep 3, 2018
Answer to Question 1

a

Answer to Question 2

d


mspears3

  • Member
  • Posts: 586
Reply 2 on: Sep 3, 2018
YES! Correct, THANKS for helping me on my review

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Outgroup role in relative rate test Outgroup role in relative rate test
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library