The term "dollarization" refers to the adoption of the U.S. dollar by a foreign country as its currency
a. True
b. False
Indicate whether the statement is true or false
True
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Direct controls may be a more expensive method in reducing pollution than emissions taxes.
Answer the following statement true (T) or false (F)
Which of the following is true for a monopoly?
A) P = MC B) P = MR C) P > MR D) P < MR
A depreciation in the U.S. dollar on the foreign exchange market will
a. make U.S. exports more expensive to foreigners. b. make imports less expensive for U.S. consumers. c. make U.S. exports cheaper for foreign consumers. d. encourage U.S. consumers to travel abroad.
High protective tariffs
A. would be supported by most economists. B. will become more likely if we do not reduce our trade deficit. C. have very little support. D. would definitely solve all our trade problems.