Since the advent of flexible exchange rates, world trade has not ...

[stevenposner]

Since the advent of flexible exchange rates, world trade has not only continued but also expanded.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If Jim earns 300,000 this year and pays 75,000 in taxes and Sharon earns 80,000 this year and pays 20,000 in taxes, this tax system would appear to be
 a. progressive.
 b. proportional.
 c. regressive.
 d. none of the above

[Mollythedog]

Answer to Question 1

True

Answer to Question 2

b