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

Author Question: How did the European single currency evolved? What will be an ideal ... (Read 82 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
How did the European single currency evolved?
 
  What will be an ideal response?

Question 2

Under fixed exchange rate, the response of an economy to a temporary fall in foreign demand for its exports is
 
  A) the currency appreciates, and output falls.
  B) the currency depreciates, and output falls.
  C) the currency remains the same, and output decreases.
  D) the currency depreciates, and output remains constant.
  E) the currency appreciates, and output remains the same.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

The answer is related to the collapse of Bretton Woods and the European Currency reform of 1969-1978. The Werner Report of 1971 establishes three-phase program to lead to the EMU.

Answer to Question 2

C


lilldybug07

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jun 30, 2018
Thank you


softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Children can fast map the meanings of words in a single exposure. Children can fast map the meanings of words in a single exposure.
A properly mounted 12-lead, single channel ECG. A properly mounted 12-lead, single channel ECG.
European Culture in a Global Context European Culture in a Global Context
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ... A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
Summary of Single Variable Discrete Models Summary of Single Variable Discrete Models
ATP, an important energy currency in cells ATP, an important energy currency in cells
Video: Complement Proteins Animation

For a complete list of videos, visit our video library