Exchange rates that are allowed to fluctuate in response to changes in supply and demand is known as

Suppose Mail Boxes Etc. buys a new copier for its store for $1000. A year later, when the firm wants to upgrade to a new copier, it finds that the old copier is only worth $750. Over the year the copier was used, ________ has occurred

A) replacement investment B) gross investment C) depreciation D) net investment

While the world was fairly integrated at the turn of the last century, most trade was in agricultural and raw materials, whereas today manufactured consumer and producer goods play a much greater role in determining exports and imports

Indicate whether the statement is true or false