Despite the long-term mutual gains from international trade, in the short run
A. particular firms, industries, and groups of workers can be harmed substantially by imports.
B. international trade is usually inflationary.
C. countries must learn to be self-sufficient.
D. most countries realize mutual net losses.
A. particular firms, industries, and groups of workers can be harmed substantially by imports.
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Indicate whether the statement is true or false
The supply of U.S. dollars on foreign exchange markets is
A) determined directly by open market operations at the Federal Reserve Bank. B) derived from the demand for U.S. products by foreigners. C) derived from the supply of U.S. goods. D) derived from the demand by United States for imported goods and services.