Economies of scope is the term used to describe an industry that ...

[arivle123]

Economies of scope is the term used to describe an industry that is composed of firms having substantial economies of scale.
 a. True
  b. False

Question 2

Under the Bretton Woods agreement,
 a. nations could not adjust their exchange rates relative to the dollar for any reason
  b. currency values were based on a market basket of European currencies plus the dollar
  c. the world monetary system operated exactly like the gold standard of pre-World War II years
  d. the dollar was selected as the key reserve currency
  e. gold played no role

[31809pancho]

Answer to Question 1

B

Answer to Question 2

D

[arivle123]

TYSM

[jomama]

Thanks for the timely response, appreciate it