A managed float exchange rate system is often used to reduce the uncertainty of businesses engaged in importing and exporting.
a. true
b. false
Ans: a. true
Economics
You might also like to view...
Other things equal, the supply of labor will be lower to a job that
a. offers more prestige b. offers valuable on-the-job training c. requires advanced skills or education d. provides a climate-controlled work environment e. allows for flexible work schedules
Economics
Why is import substitution so popular as a development strategy in poor nations?
a. Domestic firms will be producing better products. b. It promotes free trade. c. It provides infant industries a protected market. d. It creates a competitive advantage for domestic firms.
Economics
In which of the following years was there a recession?
A. 1942 B. 1950 C. 1965 D. 1973
Economics
How much is the percentage of income earned by the highest quintile on Lorenz curve Q?
Economics