Author Question: The 2007 subprime crisis spread easily because A) the United States is an important economy. B) ... (Read 82 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
The 2007 subprime crisis spread easily because
 
  A) the United States is an important economy.
  B) banks in other countries had purchased assets that depended on the U.S. housing market.
  C) there was speculation against the U.S. dollar.
  D) the Fed failed to act at the right time.

Question 2

Intraindustry trade is characterized by what two features of the industry and market?
 
  A) Diseconomies of scale and homogeneous products
  B) Non-tariff barriers and large-scale foreign investment
  C) Quota auctions and low effective rates of protection
  D) Economies of scale and differentiated products


jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library