If a country has lower overall productivity levels than its trading partners, then it will
A) be unable to export.
B) have a trade deficit.
C) not be able to obtain gains from trade.
D) have a lower standard of living than its trading partners.
E) All of the above.
D
Economics
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In which of the following categories would an agreement to trade currencies in pre-set amounts at a certain date in the future be included?
a. an option b. a futures contract c. a forward contract d. a swap
Economics
Refer to the data. Gross domestic product is:
A. $395.
B. $380.
C. $375.
D. $360.
Economics