What are the reasons for the development and growth of the Eurodollar market?
What will be an ideal response?
Market has grown with overall growth of dollar business activity worldwide. Market developed because of lack of regulation and consequent opportunity for narrower spreads.
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If an economist is talking about international institutions, governments, and NGOs and the policies that oversee international markets, they are talking about
A) international financial architecture. B) the role of the IMF. C) international exchange rate regimes. D) foreign direct investment.
A public good is: a. a good or service for which it is relatively easy to exclude nonpaying customers from consumption. b. a good or service that is consumed by both the paying and nonpaying customers
c. any good or service that is produced by the government. d. a good or service that is consumed by private individuals and financed by private contributions.
The absolute value of the slope of the isoquant is the:
A. value marginal product of labor. B. marginal product of capital. C. marginal rate of technical substitution. D. marginal rate of substitution.
Briefly explain how specialization and trade can benefit nations
What will be an ideal response?