A fundamental problem in international economics is how to produce

A) a perfect degree of monetary harmony.
B) an acceptable degree of harmony among the international trade
policies of different countries.
C) a world government that can harmonize trade and monetary policies
D) a counter-cyclical monetary policy so that all countries will not be adversely affected by a financial crisis in one country.
E) a worldwide form of currency.


B

Economics

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A change in the price of one good, such as staples, may affect the quantity demanded of another good, such as rubber bands

a. True b. False Indicate whether the statement is true or false

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If nominal GDP increases 4 percent during a year, and real GDP increases 7 percent during the same year, which of the following must by true?

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Economics

The poverty rate _______ between 1993 and 2000 and _____ between 2001 and 2004.

A. fell; fell B. rose; rose C. fell; rose D. rose; fell

Economics