One of the methods of reducing the geographical disadvantage faced by poorer countries is:
A) by moving to a socialist economic system.
B) by undertaking large-scale disease eradication programs.
C) by borrowing financial resources at market interest rates.
D) by reducing participation in international trade.
B
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Ceteris paribus, a rise in interest rates in the United States will cause the yen price of the dollar in international exchange markets to ________. I.e., the dollar ________ in value against the yen
A) increase; depreciates B) decrease; depreciates C) decrease; appreciates D) increase; appreciates
Bread and butter are complements. A decrease in the price of bread results in a(n)
a. decrease in the supply of break b. increase in the demand for butter c. increase in the demand for bread d. increase in resource prices e. violation of the law of demand