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

Author Question: How did the European single currency evolved? What will be an ideal ... (Read 20 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
How did the European single currency evolved?
 
  What will be an ideal response?

Question 2

Under fixed exchange rate, the response of an economy to a temporary fall in foreign demand for its exports is
 
  A) the currency appreciates, and output falls.
  B) the currency depreciates, and output falls.
  C) the currency remains the same, and output decreases.
  D) the currency depreciates, and output remains constant.
  E) the currency appreciates, and output remains the same.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

The answer is related to the collapse of Bretton Woods and the European Currency reform of 1969-1978. The Werner Report of 1971 establishes three-phase program to lead to the EMU.

Answer to Question 2

C


lilldybug07

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jun 30, 2018
Thank you


softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Giardiasis. Colorized electron micrograph of a Giardia protozoan adhering to the surface of an epith Giardiasis. Colorized electron micrograph of a Giardia protozoan adhering to the surface of an epith
Field research on free-living primates allows primatologists to study patterns of behavior in the se Field research on free-living primates allows primatologists to study patterns of behavior in the se
How Many Indians Perished with European Settlement? How Many Indians Perished with European Settlement?
Withdrawing Medication from Single-Dose or Multiple-Dose Vials Withdrawing Medication from Single-Dose or Multiple-Dose Vials
Poor single parents and their children Poor single parents and their children
Vision-based Magnetic Compass in European Robins Vision-based Magnetic Compass in European Robins
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library