Author Question: What is the primary reason exchange rates were overvalued under ISI? What will be an ideal ... (Read 43 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
What is the primary reason exchange rates were overvalued under ISI?
 
  What will be an ideal response?

Question 2

Based on Table 9.2, the current account balance is
 
  A) -2 percent of GNP.
  B) +2 percent of GNP.
  C) +4 percent of GNP.
  D) -4 percent of GNP.


kishoreddi

  • Sr. Member
  • ****
  • Posts: 329
    • Your online Help in Biology and chemistry
Answer to Question 1

Because fixed exchange rates were used and inflation was higher than that of trading partners

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

For a complete list of videos, visit our video library

Connection Problems

Connection Problems

Sorry, SMF was unable to connect to the database. This may be caused by the server being busy. Please try again later.