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

Author Question: Suppose that the 12-month interest rates for the United States and the United Kingdom are 7 and 6 ... (Read 131 times)

B

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Suppose that the 12-month interest rates for the United States and the United Kingdom are 7 and 6 respectively, and E = 2.10 /. Given this information, what is the expected exchange rate change over the year?
 
  A) 1
  B) 4.2
  C) 2.1
  D) 2.0

Question 2

Explain why each of the following is not a valid argument for protection.
 
  (a) patriotism
   (b) fair play (e.g. level international playing fields)
   (c) preservation of jobs


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

(a) Protection can lower welfare, which would be unpatriotic.
(b) The notion of fair play does not conform well to the real world. Fair play for producers would be unfair for consumers, etc.
(c) Protection tends to redistribute jobs rather than create new ones.


B

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
:D TYSM

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Metabolic rates of animals that differ in size. Metabolic rates of animals that differ in size.
The United States under the Articles of Confederation, 1787 The United States under the Articles of Confederation, 1787
Poverty comes in many forms. Families who go into debt to buy possessions squeak by month after ... Poverty comes in many forms. Families who go into debt to buy possessions squeak by month after ...
A comparison of adiabatic and environmental cooling rates. A comparison of adiabatic and environmental cooling rates.
Change in air temperature at various air flow rates for a 4 pass operation Change in air temperature at various air flow rates for a 4 pass operation
An example of the sometimes drastic differences in placarding regulations in the United States ... An example of the sometimes drastic differences in placarding regulations in the United States ...
Video: Protein Structure - Primary, Secondary, Tertiary and Quaternary

For a complete list of videos, visit our video library