The distinction between international trade and international money is not entirely clear because

A) real developments in the trade accounts do not have monetary implications.
B) the balance of payments includes only real measures.
C) developments caused by purely monetary changes have no real effects.
D) trade models focus on real, or barter relationships.
E) most international trade involves monetary transactions.

E

Economics

You might also like to view...

According to this Application, lower oil prices should ________ aggregate ________

A) increase; demand B) not change; demand C) decrease; demand D) decrease; supply

Economics

Which of the following is the best example of a differentiated product?

A) beets in the local supermarket B) diamonds C) airlines D) running shoes E) electricity

Economics