Changes in domestic and foreign income result in:
A) movements along the demand and supply curves of the foreign exchange market.
B) shifts in the demand and supply curves of the foreign exchange market.
C) all of the above.
D) none of the above.
B
Economics
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In the factor market, households
A) sell resources. B) are both buyers and sellers of resources. C) are neither buyers nor sellers of resources. D) buy resources.
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Romania has a comparative advantage in the production of
A. basketballs.
B. Barbie dolls.
C. both basketballs and Barbie dolls.
D. neither basketballs nor Barbie dolls.
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