As Europe explored monetary union, evidence to date suggests that increased variability in exchange rates
A) reduces foreign trade and investment.
B) increases foreign trade and investment.
C) does not seem to have an impact on foreign trade and investment.
D) hurts foreign investment but not trade.
E) hurts foreign trade but not investment.
C
Economics
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Suppose a nation increases the quantity of a product it exports. To attract the labor resources needed to support the increased production, it must:
a. pay higher wages. b. lay off workers. c. borrow capital abroad. d. find new sites for production near population centers.
Economics
Virtually all of the decline in labor force participation by elderly males is due to increased physical requirements of labor plus diminished health status
Indicate whether the statement is true or false
Economics