A large open economy

A) dominates world trade in one or more products.
B) is physically larger than all small open economies.
C) has a larger population than all small open economies.
D) lends or borrows enough in the international capital market to influence the world real interest rate.

D

Economics

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What will be an ideal response?

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Outstanding U.S. dollar-denominated travelers' checks issued by non-bank institutions are not counted as part of the M1 money supply

a. True b. False Indicate whether the statement is true or false

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