If one country, with floating exchange rates, has higher inflation than its competitors we would expect its exchange rate to ?
A. appreciate
B. depreciate
C. revalue
D. be in short supply
A. appreciate
B. depreciate
C. revalue
D. be in short supply
A. persons 15 to 24 years old
B. the educated
C. residents of urban areas
D. from the poorest 1/5 of the population
A. Increasing employment
B. Increasing economic growth
C. Increasing government spending
D. Increasing the level of exports
A. evidence against the Ricardi an model
B. evidence against the Heckscher-Ohl in model
C. support for the Ricardian model
D. support for the Heckcher Ohlin model
A. National debt
B. Public debt
C. Both of them
D. None of them
A. similar endowments of natural resources
B. similar levels of technology
C. similar per-capita incomes
D. similar wage levels
A. reduction in spending on military goods leads to economic depression
B. dependence on foreign trade usually leads to a weakened national economy
C. territorial aggression is not necessary to secure national economic goals
D. democratic institution hinder economic growth