When exchange rates are__ , agreeing to wait for one week from today to engage in an international transaction carries __
a. flexible rather than fixed; less risk
b. flexible rather than fixed; the same amount of risk
c. flexible rather than fixed; more risk
d. fixed rather than flexible; the same amount of risk
Ans: c. flexible rather than fixed; more risk
Economics
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In 2009, tickets to a Presidential Town Hall meeting were distributed to individuals through a random selection of those who registered on a website. The tickets were allocated by which method?
A) lottery B) majority rule C) contest D) first-come, first-served E) personal characteristics
Economics
Lower tariffs and quotas cause a country's currency to ________ in the ________ run, everything else held constant
A) depreciate; short B) appreciate; short C) depreciate; long D) appreciate; long
Economics