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

Author Question: A country's foreign exchange reserves refers to A) the currency of the nation itself. B) the ... (Read 35 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
A country's foreign exchange reserves refers to
 
  A) the currency of the nation itself.
  B) the country's holdings of gold and internationally accepted currencies.
  C) the total amount of a country's currency held by other nations.
  D) the country's Special Drawing Rights (SDRs) at the IMF.

Question 2

Why do both developed and less-developed countries protect clothing and textiles heavily?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kdiggy

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

For developed countries, comparative advantage has been lost in these labor-intensive industries. For less-developed countries, these are major export sectors that also have a significant domestic market share, and so it is desirable to protect domestic markets while exporting these goods (in which they have a comparative advantage).


maegan_martin

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Bacteria exchange DNA by several processes Bacteria exchange DNA by several processes
World coal reserves in gigatonnes World coal reserves in gigatonnes
A Thirsty Nation A Thirsty Nation
As Florida Goes, So Goes The Nation As Florida Goes, So Goes The Nation
Potential gas reserves have increased significantly with the discovery of new shale gas formations Potential gas reserves have increased significantly with the discovery of new shale gas formations
Data Used to Analyze Productivity in Country 1 and Country 2 Data Used to Analyze Productivity in Country 1 and Country 2
Video: Heart sounds

For a complete list of videos, visit our video library