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Author Question: The two types of trade, intertemporal and pure asset swap ________ perfect substitutes, because ... (Read 64 times)

Metfan725

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on: Jun 30, 2018
The two types of trade, intertemporal and pure asset swap ________ perfect substitutes, because ________.
 
  A) are; they both offer considerable payoff and are equal in the long run
  B) are; they both involve the smoothing out of now and future consumption
  C) are not; asset swapping is immediate and involves only assets, while intertemporal trade takes two time periods and involves both assets and goods/services
  D) could possibly be; different economic states occur at different points in time
  E) are not; asset swapping never relates to intertemporal trade

Question 2

Free trade is better than autarky for a small country.
 
  Indicate whether the statement is true or false


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Ahernandez18

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


Metfan725

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Reply 2 on: Jun 30, 2018
Gracias!

kswal303

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Reply 3 on: Yesterday
:D TYSM

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