题目内容

We have an unstable foreign exchange market when a disturbance from equilibrium pushes the exchange rate further away from equilibrium. ()

查看答案

搜索结果不匹配？点我反馈

更多问题

A foreign exchange market is stable when the supply curve of foreign exchange is positively sloped or, if negatively sloped, is negatively elastic than the demand curve of foreign exchange. ()

Suppose that labor can produce flowers or candy in the U.S. and Sweden. Below is the chart that indicates how much 1 hour of labor can produce if it specializes in a particular good. Which of the following is true? ( )

A. Sweden has a comparative advantage in flowers.
B. Sweden has a comparative advantage in candy.
C. both A and
D. S. has an absolute advantage in flowers.

查看答案

Continue with the above question, both countries would benefit if ( ).

A. Sweden produced both commodities and did not trade with the
B. the United States exported candy and imported flowers.
C. the United States exported flowers and imported candy.
D. S. produced both commodities and did not trade with Sweden.
E. S.

查看答案

The terms of trade effect of a tariff refers to the fact that a small country can benefit by levying a tariff.

查看答案