The level of the equilibrium exchange rate offsets international differences in ?

Related Mcqs:

International trade in goods and services is sometimes used as a substitute for all of the following except ?

A. International movements of capital B. International movements of labor C. International movements of technology D. Domestic production of different goods and services...

The term tariff, as used in international trade refers to ?

A. The price of goods when they leave the producing country B. a limit on the quantity of a good that can be imported into a country C. a tax on imports D. a government payment to encourage exports...

The imposition of a tariff causes consumption to _____ and imports to _________?

A. rise, rise B. fall, rise C. fall, fall D. rise, fall...

Free traders maintain that an open economy is advantageous is that it provides all of the following except ?

A. Increased competition for world producers B. A wider selection of products for consumers C. The utilization of the most efficient production methods D. Relatively high wages levels for all domestic workers...

When free trade areas are set up the member countries trade with each other grows faster than their trade with other countries This is due to what economist call ?

A. trade diversion B. trade channeling C. trade creation and trade diversion D. trade creation...