If devaluation does not improve the BOT, but only the BOP, this implies that
A) the capital account is in deficit.
B) the current account is in surplus.
C) the improvement comes in the capital account.
D) Both B and C.
C
Economics
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A cartel arrangement is likely to be successful for its members only if it can
A) assign sales to specific members. B) keep new firms from entering the industry. C) prevent firms not in the cartel from marketing close substitutes. D) do all of the above.
Economics
The economic boom of the 1990s:
a. ended with a recession that lasted from early 2000 to the 2nd quarter of 2002. b. ended with the financial crash of 2001, with unemployment reaching 7.5%. c. ended with the stock market and real investment tumbling, and unemployment near 9% d. Both a and b are correct. e. None of the above are correct.
Economics