Which of the U.S. industries below has not seen major shutdowns and layoffs because of free foreign trade?

A. Textiles.
B. Financial services.
C. Steel.
D. Apparel.

B. Financial services.

Economics

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When the value of a currency is determined ________, the exchange rate system is defined as managed float

A) only by supply and demand B) by its issuing government, with occasional readjustments in value C) mostly by supply and demand, but with occasional government intervention D) by its issuing government

Economics

Explain dynamic and defensive open market operations. What is the purpose of each type? Describe two situations when defensive open market operations are used. How are defensive open market operations typically conducted?

What will be an ideal response?

Economics