If portable disk players made in China are imported into the United States, the Chinese manufacturer is paid with
A) dollars.
B) yuan, the Chinese currency.
C) international monetary credits.
D) euros, or any other third currency.
B
Economics
You might also like to view...
If the money supply increased by 4 percent and velocity increased by 4 percent: a. nominal GDP would not change
b. nominal GDP would increase by 1 percent. c. nominal GDP would increase by 4 percent. d. nominal GDP would increase by 8 percent.
Economics
Cross elasticity among goods in a perfectly competitive market is infinite
Indicate whether the statement is true or false
Economics