If transaction costs of market exchange are small, then a firm ...

[lb_gilbert]

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]

Answer to Question 1

B

Answer to Question 2

A