If the U.S. imposed import quotas on cotton, then which of the following would rise?
a. the U.S. real exchange rate and U.S. net exports
b. the U.S. real exchange rate but not U.S. net exports
c. U.S. net exports but not the U.S. real exchange rate
d. neither the U.S. real exchange rate nor U.S. net exports
b
Economics
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Assuming that firms do not collude, compare the market outcome under oligopoly with the outcome under monopoly
What will be an ideal response?
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The default risk premium is
A) relevant only for securities issued by very small companies. B) the additional yield a saver requires for holding a bond with some default risk. C) zero for corporate bonds, but quite substantial for corporate stock. D) constant across the business cycle.
Economics