Author Question: Which of the following best defines foreign exchange? a. a trade between two countries b. the ... (Read 32 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
Which of the following best defines foreign exchange?
 a. a trade between two countries
  b. the market where exporting and importing activities take place
  c. the price of a currency relative to another currency
  d. the currency of another country used for trading
  e. the dollars that the United States uses to buy goods from other countries

Question 2

Import quotas on sugar result in lower sugar prices in the United States.
 a. True
  b. False



fffftttt

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

fffftttt

  • Sr. Member
  • ****
  • Posts: 322

 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

For a complete list of videos, visit our video library