Offshoring required which types of advances?
What will be an ideal response?
Advances in communications technology, such as fax machines, video conferencing, the Internet, and in general, lower prices for long distance communication
You might also like to view...
Suppose that last year $1 U.S. exchanged for 1.2 euros. If this year $1 exchanges for 1.3 euros, then we can conclude that
A) the dollar is weaker this year than it was last year and this will cause the United States' short-run aggregate supply (SRAS) curve to shift to the left. B) the dollar is weaker this year than it was last year and this will cause the United States' short-run aggregate supply (SRAS) to shift to the right. C) the dollar is stronger this year than it was last year and this will cause the United States' short-run aggregate supply (SRAS) curve to shift to the left. D) the dollar is stronger this year than it was last year and this will cause the United States' short-run aggregate supply (SRAS) curve to shift to the right.
Productivity tends to
A. fall during contractions. B. rise during contractions. C. fall during expansions. D. rise throughout the business cycle.
Refer to Scenario 6.1. Suppose the friends are forced by government to combine their businesses and share what they make
With this revision to the scenario, if both Tasha and Gloria play their dominant strategies, Tasha's net payoff will be ________ and Gloria's net payoff will be ________. A) $15; $12 B) $15; $15 C) $30; $30 D) $12; $12
Is the European Monetary Union a form of dollarization? Explain.
What will be an ideal response?