This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The notion that, following a devaluation, the BOT falls for a while before increasing is called a ... (Read 50 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
The notion that, following a devaluation, the BOT falls for a while before increasing is called a ________ effect.
 
  A) relative price
  B) elasticity
  C) J-curve
  D) pass-through

Question 2

The push toward creating more regional trade agreements necessarily harms the multilateral liberalization process that is at the heart of the WTO.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jliusyl

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

There are some economists, most notably Bhagwati, who would agree with this statement. They oppose regionalism because of the trade diversion it causes and because, they argue, regional agreements distract countries from the multilateral process. Others, including Krugman, argue that regionalism is a natural process, owing to regional cultural similarities and the economics of transportation costs. These agreements do not divert much trade, they contend, because trade tends to be regional anyway and because external barriers are low. Moreover, success in negotiating regional agreements may spur on multilateral talks.


sc00by25

  • Member
  • Posts: 596
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Renal calculi (stones) can form in several areas within the urinary tract. When they form in the kid Renal calculi (stones) can form in several areas within the urinary tract. When they form in the kid
Increasing Separation of Masters and Workers Increasing Separation of Masters and Workers
Herbert Spencer (1820–1903), sometimes called the second founder of sociology, coined the term ... Herbert Spencer (1820–1903), sometimes called the second founder of sociology, coined the term ...
People whose behaviors violate norms are often called mentally ill. “Why else would they do such ... People whose behaviors violate norms are often called mentally ill. “Why else would they do such ...
Alternative splicing of pre-mRNA for a muscle protein called α-tropomyosin Alternative splicing of pre-mRNA for a muscle protein called α-tropomyosin
Video: Simple and Double Sugar

For a complete list of videos, visit our video library