Author Question: The price-specie-flow mechanism A) is an automatic mechanism for assuring external balance under ... (Read 71 times)

RODY.ELKHALIL · **on:** Jun 30, 2018

The price-specie-flow mechanism

A) is an automatic mechanism for assuring external balance under floating exchange rates.
B) is an automatic mechanism for assuring external balance under the gold standard.
C) is an automatic mechanism for assuring internal balance under floating exchange rates.
D) is an automatic mechanism for assuring internal balance under the gold standard.
E) is an automatic mechanism for assuring internal balance under mercantilism.

Question 2

A business's use of a bank located outside of the home country is called

A) Swiss banking.
B) offshore banking.
C) international banking.
D) domestic banking.
E) international swapping.