Which of the following would give the most importance to the goal of exchange rate stability?
A. The U.S. and Japan and other developed countries
B. Emerging market countries where exports and imports are central to the structure of the economy
C. Europe
D. Large, closed economies
Answer: B
You might also like to view...
If tea and coffee are substitutes, the cross elasticity of coffee with respect to the price of tea will be ________ and an increase in the price of tea will ________ the demand for coffee
A) positive; increase B) negative; decrease C) negative; increase D) positive; decrease
Which of the following is held constant along the demand curve?
A. income B. quantity C. price of the good D. both A and B
The principle of comparative advantage was first explained by David Ricardo in the early 1800s.
Answer the following statement true (T) or false (F)
Dodd-Frank Act
What will be an ideal response?