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Author Question: A country that experiences a large deficit in the merchandise trade account should always aim at ... (Read 56 times)

corkyiscool3328

  • Hero Member
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on: Jun 30, 2018
A country that experiences a large deficit in the merchandise trade account should always aim at eliminating this trade deficit by adopting strict foreign trade policies.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If a bank is selling Russian rubles (RUB) for 0.16, then the implied ruble price of the dollar is RUB 6.25.
 a. True
  b. False
  Indicate whether the statement is true or false


cswans24

  • Sr. Member
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  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

True


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