An economy that has interactions in trade or finance with other economies is referred to as
A) a closed economy. B) a net foreign investment economy.
C) a trade-balanced economy. D) an open economy.
D
Economics
You might also like to view...
Suppose that in the free market, where the supply of the foreign currency is equal to demand for that currency, the peso-dollar exchange rate is 4 pesos = $1
Assume the central bank sets an official exchange rate at 3 pesos = $1, we can say that in the official market the dollar is A) overvalued. B) undervalued. C) appreciated. D) None of the above.
Economics
"All Americans should have access to health care" is an example of
A) a positive statement. B) a microeconomic argument. C) a factual statement. D) a normative statement.
Economics