Author Question: Under a floating exchange-rate system, a country needs to pay more attention to the economic ... (Read 115 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
Under a floating exchange-rate system, a country needs to pay more attention to the economic policies of the rest of the world.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A change in the euro-dollar exchange rate from 1 per euro to 2 per euro would ____ the U.S. price of German goods, ____ the number of German goods that would be demanded in the U.S.
 a. decrease; reducing.
 b. decrease; increasing.
  c. increase; reducing.
 d. increase; increasing.



jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

False

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library