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Author Question: The gold standard is an example of A) the Bretton Woods System. B) a floating exchange rate ... (Read 124 times)

abarnes

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on: Jun 29, 2018
The gold standard is an example of
 
  A) the Bretton Woods System.
  B) a floating exchange rate system.
  C) a managed float exchange rate system.
  D) a flexible exchange rate system.
  E) a fixed exchange rate system.

Question 2

Refer to Figure 7-3. Without the quota, the domestic price of peanuts equals the world price which is 2.00 per pound. What is the quantity of peanuts demanded by domestic consumers in the absence of a quota?
 
  A) 10 million pounds B) 28 million pounds C) 30 million pounds D) 40 million pounds


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hugthug12

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

D


abarnes

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Reply 2 on: Jun 29, 2018
Excellent

softEldritch

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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