Since the period following World War II (the early 1950s), the proportion of most countries' production being used in some other country
A) remained constant.
B) increased.
C) decreased.
D) fluctuated widely with no clear trend.
E) increased slightly before dropping off.
B
Economics
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The biggest disadvantage of a fixed exchange rate is the
A) increased probability of high inflation. B) tradeoff between supporting the exchange rate and adjusting the trade balance. C) tradeoff between supporting the exchange rate and maintaining economic growth. D) increased probability of a trade deficit. E) tradeoff between supporting the exchange rate and maintaining a balanced budget.
Economics
How do supply-side advocates respond to critics? How valid is their defense?
What will be an ideal response?
Economics