In 2008, Agriculture Secretary Ed Schafer announced that Chile's Livestock and Agricultural Service approved the U.S. inspection, control and certification systems for poultry, allowing these products to enter the Chilean market
What is NOT an effect of this change in Chilean policy on the Chilean poultry market? A) Chile's tariff revenue will increase.
B) The quantity of poultry consumed in Chile will increase.
C) The quantity of Chilean imports will increase.
D) The price for poultry in Chile will decrease.
A
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a. a central bank allows the forces of supply and demand to determine the exchange rate b. a nation can have neither a trade deficit nor a trade surplus c. a nation "pegs" its price level to a foreign currency d. a nation "pegs" its price level at some fixed value e. a central bank intervenes in the foreign exchange market to stabilize its exchange rate
A smaller standard error means:?
A. ?a larger t statistic. B. ?a smaller t statistic. C. ?a larger F statistic. D. ?a smaller F statistic.
What is the difference between total utility and marginal utility?
Please provide the best answer for the statement.
Under a fixed exchange rate system, if the inflation rate in the United States is 0 percent a year and the inflation rate in Australia is 5 percent a year, then the U.S. real exchange rate will
A) may increase or decrease. B) decrease 5 percent a year. C) remain constant. D) increase 5 percent a year.