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

Author Question: Under a managed float system, central banks can A) allow international reserve changes. B) let ... (Read 78 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
Under a managed float system, central banks can
 
  A) allow international reserve changes.
  B) let exchange rates adjust to market pressure.
  C) experience reserve changes and exchange rate changes.
  D) All of the above.

Question 2

Suppose that Brazil is capital abundant and Chile is natural resource abundant. If timber is natural resource intensive and computers are capital intensive, then
 
  A) Chile will produce more computers after trade begins with Brazil.
  B) Brazil will produce more timber after trade begins with Chile.
  C) Chile will produce more timber after trade begins with Brazil.
  D) Brazil will completely specialize in computers once trade begins with Chile.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

D

Answer to Question 2

C




mspears3

  • Member
  • Posts: 586
Reply 2 on: Jun 30, 2018
Gracias!


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Excellent

 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

For a complete list of videos, visit our video library