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

Author Question: What is one of the major drawbacks of a fixed exchange rate? a. Countries that have chronic ... (Read 48 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Sep 4, 2018
What is one of the major drawbacks of a fixed exchange rate?
 
  a. Countries that have chronic balance of trade deficits run out of foreign
  currency.
  b. It discourages investment between countries.
  c. It encourages speculation in currencies.
  d. none of the above

Question 2

The Peace of Westphalia, instead of moderating the severity and intensity of wars in Europe, caused them to be larger and more destructive.
 
  Indicate whether this statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

deja

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Sep 4, 2018
Answer to Question 1

a

Answer to Question 2

Answer: False


vicky

  • Member
  • Posts: 586
Reply 2 on: Sep 4, 2018
Excellent

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

The Major Divisions of the Nervous System The Major Divisions of the Nervous System
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ... Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
Hurricane Paths: Major Hurricane History Hurricane Paths: Major Hurricane History
Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
The same pair of homologs, but with no exchange occurring between them The same pair of homologs, but with no exchange occurring between them
Video: Skin Cancer

For a complete list of videos, visit our video library