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

Author Question: A country's foreign exchange reserves refers to A) the currency of the nation itself. B) the ... (Read 102 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
A country's foreign exchange reserves refers to
 
  A) the currency of the nation itself.
  B) the country's holdings of gold and internationally accepted currencies.
  C) the total amount of a country's currency held by other nations.
  D) the country's Special Drawing Rights (SDRs) at the IMF.

Question 2

Why do both developed and less-developed countries protect clothing and textiles heavily?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kdiggy

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

For developed countries, comparative advantage has been lost in these labor-intensive industries. For less-developed countries, these are major export sectors that also have a significant domestic market share, and so it is desirable to protect domestic markets while exporting these goods (in which they have a comparative advantage).


maegan_martin

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
:D TYSM

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Countries with the Greatest Oil Reserves Countries with the Greatest Oil Reserves
American Foreign Trade, 1790–1812 American Foreign Trade, 1790–1812
Dynamics of Capillary Exchange Dynamics of Capillary Exchange
The same pair of homologs, but with no exchange occurring between them The same pair of homologs, but with no exchange occurring between them
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
ATP, an important energy currency in cells ATP, an important energy currency in cells
Video: Red Blood Cells - Erythropoietin (EPO)

For a complete list of videos, visit our video library