Why is the foreign exchange market so vital?
What will be an ideal response?
The foreign exchange market is the central component of the international capital market. The exchange rates it sets help determine the profitability of international transactions of all type. The exchange rates show valuable economic signals to households and firms involved in international trade and investment.
Economics
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Figure 4.3 illustrates the demand for tacos. Assume that tacos and beer are complements. A decrease in the price of beer would bring about a movement from
A) point a to point c. B) point c to point a. C) D2 to D0. D) D0 to D2.
Economics
In the United States, domestic investment is greater than national saving
Indicate whether the statement is true or false
Economics