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

Author Question: The notion that, following a devaluation, the BOT falls for a while before increasing is called a ... (Read 52 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
The notion that, following a devaluation, the BOT falls for a while before increasing is called a ________ effect.
 
  A) relative price
  B) elasticity
  C) J-curve
  D) pass-through

Question 2

The push toward creating more regional trade agreements necessarily harms the multilateral liberalization process that is at the heart of the WTO.
 
  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

jliusyl

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

There are some economists, most notably Bhagwati, who would agree with this statement. They oppose regionalism because of the trade diversion it causes and because, they argue, regional agreements distract countries from the multilateral process. Others, including Krugman, argue that regionalism is a natural process, owing to regional cultural similarities and the economics of transportation costs. These agreements do not divert much trade, they contend, because trade tends to be regional anyway and because external barriers are low. Moreover, success in negotiating regional agreements may spur on multilateral talks.


sc00by25

  • Member
  • Posts: 596
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

The pancreas. This organ sits just below the stomach and is both an exocrine and an endocrine gland. The pancreas. This organ sits just below the stomach and is both an exocrine and an endocrine gland.
The Land Ordinance of 1785 called for surveying and dividing the Western Territories into square mil The Land Ordinance of 1785 called for surveying and dividing the Western Territories into square mil
Ceiling effect of aspirin. A plateau is reached where increasing the dose of aspirin will not create ... Ceiling effect of aspirin. A plateau is reached where increasing the dose of aspirin will not create ...
A square matrix P is called a permutation matrix if each row and column of P contains exactly ... A square matrix P is called a permutation matrix if each row and column of P contains exactly ...
Alternative splicing of pre-mRNA for a muscle protein called α-tropomyosin Alternative splicing of pre-mRNA for a muscle protein called α-tropomyosin
Cancer cells can move to new locations in the body, a process called metastasis Cancer cells can move to new locations in the body, a process called metastasis
Video: Central Nervous System Animation

For a complete list of videos, visit our video library