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Author Question: Which of the following are theories meant to explain Why Price Levels are Lower in Poorer Countries? ... (Read 92 times)

tth

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on: Jun 30, 2018
Which of the following are theories meant to explain Why Price Levels are Lower in Poorer Countries?
 
  A) only Bhagwati-Kravis-Lipsey
  B) only Balassa-Samuelson
  C) only Goldberg-Knetter
  D) Bhagwati-Kravis-Lipsey and Balassa-Samuelson
  E) Bhagwati-Kravis-Lipsey and Goldberg-Knetter

Question 2

Suppose that the nominal exchange rate between the U.S. dollar and the Mexican peso is 0.10 dollars per peso. If Mexico's inflation is 10 percent and the United States' inflation is 0 percent, from the U.S. point of view, the real exchange rate
 
  A) appreciates to 0.11 dollars per peso.
  B) depreciates to 0.11 dollars per peso.
  C) appreciates to 0.09 dollars per peso.
  D) depreciates to 0.09 dollars per peso.
  E) appreciates to 0.2 dollars per peso.
International Economics ¦ Gerber ¦ 6th Edition
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Smiles0805

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tth

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

amcvicar

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Reply 3 on: Yesterday
:D TYSM

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