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

Author Question: The EU currently is a preferential trade agreement with no governmental institutions. Indicate ... (Read 162 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 30, 2018
The EU currently is a preferential trade agreement with no governmental institutions.
 
  Indicate whether the statement is true or false

Question 2

Empirical studies find that exchange rates are much more variable than inflation differentials. How can we explain this empirical result?
 
  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

kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE
Explanation: Indeed, it, more than any other similar agreement, has developed a complete government with three branches.

Answer to Question 2

Financial markets adjust faster than goods market. Therefore, for any exogenous shock or news, we expect exchange rates to change faster than prices. Thus the differential speed of adjustment makes exchange rates much more variable.


chandani

  • Member
  • Posts: 541
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Colonial Trade with England, 1700–1774 Colonial Trade with England, 1700–1774
A hapless Taft is entangled in governmental yarn, while a disapproving Roosevelt looks on. “Goodness A hapless Taft is entangled in governmental yarn, while a disapproving Roosevelt looks on. “Goodness
Transatlantic Slave Trade Transatlantic Slave Trade
Schengen Agreement Schengen Agreement
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Language Areas Animation

For a complete list of videos, visit our video library