For a market for a good or service to exist, there must be a
a. group of buyers and sellers.
b. specific time and place at which the good or service is traded.
c. high degree of organization present.
d. All of the above are correct.
a
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How do countries protect their domestic economy from excessive influence by multinational corporations?
(A) By requiring the multinationals to export a certain percentage of their products. (B) By raising the price of goods and services provided by the multinationals. (C) By limiting the supplies of the multinational corporations. (D) By developing their internal economies.
Under a fixed exchange rate system, the central bank of a country experiencing a balance of payments deficit will:
A) increase the supply of the domestic currency to prevent currency depreciation. B) increase the demand for the domestic currency to prevent currency depreciation. C) increase the supply of domestic currency to prevent a currency appreciation. D) increase the demand for domestic currency to prevent a currency appreciation.