Author Question: A country can control A) its flexible exchange rate. B) monetary policy oriented toward domestic ... (Read 123 times)

mpobi80 · **on:** Jun 30, 2018

A country can control

A) its flexible exchange rate.
B) monetary policy oriented toward domestic goals.
C) international capital movements.
D) foreign inflationary policies.
E) and avoid risks in international trade.

Question 2

The opportunity to exploit economies of scale is one of the gains to be derived by removing tariffs and other trade distortions. These gains will be the result of a decrease in

A) world prices of imports.
B) the consumption distortion loss triangle.
C) the production distortion loss triangle.
D) international labor mobility.
E) excessive entry and inefficient business practices.