A rise in the real exchange rate will ________ the competitiveness of the domestic economy?
A. increase
B. reduce
C. do nothing to
D. None of the above
A. increase
B. reduce
C. do nothing to
D. None of the above
A. A currency substitutes
B. Coins
C. De-valued currency
D. Silver
A. never
B. seldom
C. often
D. always
A. the growth of the fastest economy in the world
B. The fastest growth an economy has ever achieved
C. The present rate of growth of an economy
D. The rate of growth that could be achieved if resources were fully employed
A. depreciation generally improves the trade balance
B. depreciation generally hurts the trade balance
C. no strong generalization is possible
D. depreciation has no effect on the trade balance
A. Shift demand outwards
B. Shift demand inwards
C. A contractions of demand
D. An extension of demand
A. Multinational corporation
B. Multinational company
C. Both of them
D. None of them