An open economy is one in which exports and imports constitute a large share of GDP.
Answer the following statement true (T) or false (F)
True
Economics
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Suppose monetary policy results in the exchange rate falling. As a result,
A) exports do not change because they are autonomous and imports decrease. B) net exports decrease. C) exports increase and imports increase. D) exports decrease and imports decrease. E) net exports increase.
Economics
What is the "chicken tax" and why did it come into existence?
What will be an ideal response?
Economics