« previous next »

Author Question: What is the primary reason exchange rates were overvalued under ISI? What will be an ideal ... (Read 95 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
What is the primary reason exchange rates were overvalued under ISI?
 
  What will be an ideal response?

Question 2

Based on Table 9.2, the current account balance is
 
  A) -2 percent of GNP.
  B) +2 percent of GNP.
  C) +4 percent of GNP.
  D) -4 percent of GNP.
International Economics ¦ Gerber ¦ 6th Edition
Buy Test-Bank


kishoreddi

  • Sr. Member
  • ****
  • Posts: 329
    • Your online Help in Biology and chemistry
Reply #1 on: Jun 30, 2018
Answer to Question 1

Because fixed exchange rates were used and inflation was higher than that of trading partners

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Primary neurulation Primary neurulation
Primary School Attendance in World Regions Attending primary school is common but not universal, wo Primary School Attendance in World Regions Attending primary school is common but not universal, wo
High rates of rural poverty have been a part of the United States from its origin to the present. ... High rates of rural poverty have been a part of the United States from its origin to the present. ...
The reason I selected this photo is to illustrate how seriously we must take all preaching of hatred ... The reason I selected this photo is to illustrate how seriously we must take all preaching of hatred ...
The primary ignition system is used to trigger and therefore create the secondary (high-voltage) ... The primary ignition system is used to trigger and therefore create the secondary (high-voltage) ...
Graphs of Primary Trigonometric Ratios Graphs of Primary Trigonometric Ratios
Video: Interview with an Anorexic Woman (Part 1 of 2)

For a complete list of videos, visit our video library