A result of the Asian Crisis of 1997-1998 was
A. Political stability in many Southeast Asian countries.
B. An increase in the value of Southeast Asian currencies relative to the U.S. dollar.
C. A major increase in the level of U.S. exports to Southeast Asia.
D. An increase in the value of the U.S. dollar relative to Southeast Asian currencies.
Answer: D
You might also like to view...
If the production of a good involves negative externalities, ________
A) the quantity of the good supplied in the market is lower than the efficient level B) the optimal price of the good is higher than the price charged in the market C) total welfare can be increased by increasing the production of the good D) average cost of production can be reduced by increasing output above the optimal level
Refer to the scenario above. Which of the following statements is true of the demand curve that the monopolist faces in the price range of $6 to $10?
A) The demand curve is elastic in the price range. B) The demand curve is inelastic in the price range. C) The demand curve is vertical in the price range. D) The demand curve is upward sloping in the price range.
The higher the opportunity cost of borrowing, the higher the amount of investment, other things constant
a. True b. False Indicate whether the statement is true or false
Which of the following are the three laws that define the U.S government's approach to antitrust?
a. The Wilmington, Jackson, and International Trade Commission Acts b. The Springfield, Clayton, and Trade Commission Acts c. The Sherman, Clayton, and Federal Trade Commission Acts d. The Sherman, Jackson, and Regional Trade Commission Acts e. The Jackson, Charleston and Sherman Monopoly Restrictive Trade Acts