Author Question: If transaction costs of market exchange are small, then a firm will expand to produce more of its ... (Read 101 times)

lb_gilbert

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If transaction costs of market exchange are small, then a firm will expand to produce more of its product internally.
 a. True
  b. False

Question 2

Which of the following would increase the U.S. demand for foreign currency?
 a. an increase in the U.S. demand for foreign goods
  b. an increase in incomes abroad
  c. a decrease in U.S. incomes
  d. a decrease in the U.S. demand for foreign goods
  e. an increase in U.S. real interest rates



Sweetkitty24130

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Answer to Question 1

B

Answer to Question 2

A



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