The effects of a decrease in export demand
A) is a powerful argument in favor of fixed rates.
B) is a powerful argument in favor of flexible rates.
C) shows the difficulties in determining which exchange rate is better.
D) is a powerful argument in favor of fixed rates only in the short run.
E) is a powerful argument in favor of fixed rates only in the long run.
B
Economics
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Market equilibrium occurs where the quantity supplied is equal to the quantity demanded
Indicate whether the statement is true or false
Economics
Tariffs and quotas are effective in protecting industry
a. but at very high cost per job saved. b. and at very low cost per job saved. c. but have not saved any jobs in the industries. d. and do not distort the economy in the process.
Economics