Because of their greediness, speculators are considered bad for exchange-rate markets
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If the price of a truck in the United States is $18,000, and the exchange rate between the dollar and the Argentine peso falls from 10 pesos to 8 pesos per dollar, then the price of the American truck in Argentina will
A. fall. B. remain the same. C. rise. D. be irrelevant, because the Argentine government will impose restrictions on imports from the United States.
Economics
How does the text define economic efficiency? Is this an absolute or a relative definition? Would another type of definition be preferable? Why or why not?
Economics