This topic contains a solution. Click here to go to the answer

Author Question: What are the three types of gains from international transactions between the residents of different ... (Read 118 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
What are the three types of gains from international transactions between the residents of different countries?
 
  What will be an ideal response?

Question 2

For main industrial countries such as Japan and the U.S.
 
  A) there is much less month-to-month variability of the exchange rate, suggesting that price levels are relatively sticky in the short run.
  B) there is much more month-to-month variability of the exchange rate, suggesting that price levels are relatively sticky in the short run.
  C) there is almost the same month-to-month variability of the exchange rate and price levels.
  D) it is hard to tell whether month-to-month variability of the exchange rate is similar to changes in price levels.
  E) there is much more month-to-month variability of the exchange rate, suggesting that price levels are relatively sticky in the long run.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SVictor

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

The three types are:
(1 ) Gains due to comparative advantage and economies of scale.
(2 ) Gains due to inter-temporal trade, which is the exchange of goods and services for claims to future goods and services, which is for assets.
(3 ) Gains due to trades of assets for assets, such as the exchange of real estate located in London for U.S. Treasury bonds.

Answer to Question 2

B




Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Excellent

 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library