Which of the following variables is the key determinant in deciding whether goods are to be bought domestically or imported?
A) The real exchange rate B) The domestic interest rate
C) The nominal exchange rate D) The foreign interest rate
A
Economics
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One important role for government as referee is in defining and enforcing property rights
a. True b. False Indicate whether the statement is true or false
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A trade surplus results when the world supply curve is below the domestic economy's price level.
Answer the following statement true (T) or false (F)
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