When a country experiences capital flight its currency
a. appreciates and net exports rise.
b. appreciates and net exports fall.
c. depreciates and net exports rise.
d. depreciates and net exports fall.
c
Economics
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Define the following terms and explain their importance to the study of economics
a. marginal cost b. marginal revenue c. short-run equilibrium d. supply curve of the firm e. economic profit
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If one country has an absolute advantage in every commodity, there is no reason for it to trade
a. True b. False Indicate whether the statement is true or false
Economics