Which of the following combinations of changes in government spending and taxes in necessarily expansionary?

The main difference between a sterilized intervention and unsterilized intervention in the foreign exchange market is:

A) a sterilized intervention is coordinated with other nations B) an unsterilized intervention does not change the exchange rate C) an unsterilized intervention does not change the monetary base D) a sterilized intervention does not change the monetary base

If one country can produce a good with fewer resources than another country, this is called:

a. specialization. b. geographic advantage. c. comparative advantage. d. absolute advantage. e. free trade.