In international financial transactions, what are the only two things that individuals and firms can exchange?
A. Currency and real assets.
B. Services and manufactured goods.
C. Preexisting assets and currently produced goods and services.
D. Currency and currently produced goods and services.
C. Preexisting assets and currently produced goods and services.
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As the real interest rate increases, the quantity of saving supplied ________ and the quantity of saving demanded ________.
A. increases; decreases B. does not change; does not change C. increases; increases D. decreases; increases
The change in the quantity demanded of any good is always caused by:
a. a change in consumers' preferences for that good. b. a change in the general income levels of the consumers who buy that good. c. an increase or decrease in the population. d. a change in the price of that good. e. a change in the price of substitute goods.
There are how many members of the Board of Governors in the Federal Reserve system?
A) 15 B) 12 C) 7 D) 4 E) none of the above
If a nation has ________ status conferred on it, then exports from that country are taxed at the lowest negotiated tariff rates.
A. most-favored-nation B. total-trade-guaranteed C. international-ally D. no-child-labor