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Author Question: Asymmetric information exists when one participant in a market transaction has more information than ... (Read 46 times)

Ebrown

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on: Jun 30, 2018
Asymmetric information exists when one participant in a market transaction has more information than the other participant.
 a. True
  b. False

Question 2

U.S. investment earnings from foreign assets minus foreigners' earnings from their U.S. assets is
 a. the merchandise trade balance
  b. net unilateral transfers abroad
  c. the balance on good and services
  d. net investment from abroad
  e. the financial account


kaillie

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


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