What matters most to importers and exporters is the nominal exchange rate
Indicate whether the statement is true or false
FALSE
You might also like to view...
According the principle of time inconsistency, the most important element of policy making is
a. predictability. b. transparency. c. credibility. d. judgment
Higher income countries are more likely to have _____________ returns to their investments and must continually invent new technologies, which allows lower-income economies to have a chance for convergent growth.
a. marginal b. increasing c. diminishing d. stagnant
Which of the following is true?
a. in recent decades, the rich countries of the world have consistently grown more rapidly than poor countries. b. no LDC was able to achieve a more rapid growth rate than the United States during the 1980 through 2005 period. c. during recent decades, most LDCs have stagnated economically. d. during 1980 through 2005, the fastest growing countries in the world were mostly LDCs.
An example of a trade-off is
a. giving up going to a movie to spend time shopping b. giving up going to a movie because it got bad reviews c. going to a movie to see your favorite movie star d. not going to a movie because your wife isn't feeling well