Deposits in European banks denominated in dollars for the purpose of international transactions are known as
A) Eurodollars.
B) European Currency Units.
C) European Monetary Units.
D) International Monetary Units.
A
Economics
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Japan can use all of its resources to produce 100 videos or 400 shoes. China can use all of its resources to produce 25 videos or 200 shoes
Which nation has the comparative advantage in shoes and which nation has the comparative advantage in videos?
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China is one of the world's largest exporters. As the world's economies slipped into a worldwide recession in 2008, there was a ________ China's aggregate demand curve as China's exports ________
A) rightward shift of; decreased B) movement upward along; increased C) leftward shift of; decreased D) movement upward along; decreased
Economics