Author Question: Which of the following is an example of a regional currency arrangement? A) exchange rate union ... (Read 34 times)

lidoalex

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Which of the following is an example of a regional currency arrangement?
 
  A) exchange rate union
  B) currency cartel associations
  C) free-trade zones
  D) most-favored nation status
  E) agreement on commercial trade

Question 2

Which of the following is TRUE about monopolistic competition?
 
  A) One firm serves as the entire industry.
  B) A small number of firms serve the entire market.
  C) It is competition among many firms producing similar but differentiated products.
  D) The pattern of production and trade is difficult to predict.
  E) It enjoys no economies of scale.



Kedrick2014

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Answer to Question 1

A

Answer to Question 2

C



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