As Europe explored monetary union, evidence to date suggests that ...

[sam.t96]

As Europe explored monetary union, evidence to date suggests that increased variability in exchange rates
 
  A) reduces foreign trade and investment.
  B) increases foreign trade and investment.
  C) does not seem to have an impact on foreign trade and investment.
  D) hurts foreign investment but not trade.

Question 2

Low standards reduce production costs and change a nation's comparative advantage.
 
  Indicate whether the statement is true or false

[adammoses97]

Answer to Question 1

C

Answer to Question 2

FALSE