In order for a barter transaction to be successful, there must be a
A. federal tax law in effect.
B. market for the goods.
C. double coincidence of wants.
D. high demand for a certain item.
Answer: C
Economics
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If the Japanese government enters the foreign exchange market and purchases yen to maintain a specific exchange rate with the dollar, the dollar will ________ and the yen will ________
A) depreciate; depreciate B) depreciate; appreciate C) appreciate; depreciate D) appreciate; appreciate
Economics
When there is a current account deficit and the official settlements account equals 0, then
A) exports exceed imports for the country. B) the country is an exporter of capital. C) the capital and financial account has a surplus. D) the country has a budget surplus.
Economics