This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is one of the major drawbacks of a fixed exchange rate? a. Countries that have chronic ... (Read 44 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Sep 4, 2018
What is one of the major drawbacks of a fixed exchange rate?
 
  a. Countries that have chronic balance of trade deficits run out of foreign
  currency.
  b. It discourages investment between countries.
  c. It encourages speculation in currencies.
  d. none of the above

Question 2

The Peace of Westphalia, instead of moderating the severity and intensity of wars in Europe, caused them to be larger and more destructive.
 
  Indicate whether this statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

deja

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Sep 4, 2018
Answer to Question 1

a

Answer to Question 2

Answer: False


vicky

  • Member
  • Posts: 586
Reply 2 on: Sep 4, 2018
Thanks for the timely response, appreciate it

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Major Events in the History of Psychology (2 of 6) Major Events in the History of Psychology (2 of 6)
Major Events in the History of Psychology (3 of 6) Major Events in the History of Psychology (3 of 6)
The major fissures of the human cerebral cortex. The major fissures of the human cerebral cortex.
Major Categories of Diseases Major Categories of Diseases
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
The respiratory system and the process of gas exchange The respiratory system and the process of gas exchange
Video: Blood Pressure Measurement

For a complete list of videos, visit our video library