Author Question: The HPAE economic miracle illustrates a clear case in which A) exports and growth were positively ... (Read 57 times)

karen · **on:** Jun 30, 2018

The HPAE economic miracle illustrates a clear case in which

A) exports and growth were positively related.
B) exports were promoted by successful economic growth.
C) economic growth was determined by successful export promotion.
D) trade policy dominated other considerations in promoting economic growth.
E) import substitution enhanced economic development.

Question 2

Exxon Mobil wants to pay 160,000 to a German supplier. They get an exchange rate quotation from its own commercial bank and instructs it to debit their dollar account and pay 160,000 to the supplier's German account.

If the exchange rate quoted is 1.2 per euro, how much is debited to Exxon Mobil's account? A) 160,000
B) 172,000
C) 180,000
D) 192,000
E) 150,000