________ in the domestic interest rate causes the demand for domestic assets to shift to the right and the domestic currency to ________, everything else held constant

Refer to the Article Summary. When Fed Chair Janet Yellen announced that a rate increase would be warranted by the end of the year, she was was referring to the

A) required reserve rate. B) long-term real rate of interest. C) prime rate. D) federal funds rate.

Refer to Table 2-20. Does either Japan or Thailand have an absolute advantage and if so, in what product?

A) Thailand has an absolute advantage in rice. B) Japan has an absolute advantage in rice. C) Japan has an absolute advantage in wristwatches. D) Thailand has an absolute advantage in both products.