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Author Question: Refer to the figure above. If Y is labor intensive then according to the HO theory, this country ... (Read 38 times)

daltonest1984

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on: Jun 30, 2018
Refer to the figure above. If Y is labor intensive then according to the HO theory, this country should be ________ abundant.
 
  A) capital
  B) labor
  C) both capital and labor
  D) Can't tell without more information

Question 2

A narrow target zone exchange rate band (such as the EEC had until 1992 ) is most similar to
 
  A) a flexible exchange rate system.
  B) a single currency.
  C) a fixed exchange rate system.
  D) an undervalued currency.
  E) a managed floating exchange rate.


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leeeep

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

A

Answer to Question 2

C


daltonest1984

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

peter

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Reply 3 on: Yesterday
Excellent

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