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

Author Question: The EU currently is a preferential trade agreement with no governmental institutions. Indicate ... (Read 106 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
The EU currently is a preferential trade agreement with no governmental institutions.
 
  Indicate whether the statement is true or false

Question 2

Empirical studies find that exchange rates are much more variable than inflation differentials. How can we explain this empirical result?
 
  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

kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE
Explanation: Indeed, it, more than any other similar agreement, has developed a complete government with three branches.

Answer to Question 2

Financial markets adjust faster than goods market. Therefore, for any exogenous shock or news, we expect exchange rates to change faster than prices. Thus the differential speed of adjustment makes exchange rates much more variable.


chandani

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
Gracias!

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Atlantic Slave Trade, 1451–1870 Atlantic Slave Trade, 1451–1870
Santiago Calatrava, Port Authority Trans Hudson (PATH) station, World Trade Center site. Santiago Calatrava, Port Authority Trans Hudson (PATH) station, World Trade Center site.
Social Institutions in Industrial and Postindustrial Societies. Social Institutions in Industrial and Postindustrial Societies.
Schengen Agreement Schengen Agreement
Schengen Agreement Schengen Agreement
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Video: Metaphase I Animation

For a complete list of videos, visit our video library