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cc84sc cc84sc
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A year ago

If labor is immobile between two countries, changes in relative demand for goods and services may pose major economic problems



whether exchange rates are flexible or fixed.



but the problems will not be as significant as they would be if labor were mobile.



when exchange rates are flexible, but not when they are fixed.



when exchange rates are fixed, but not when they are flexible.

Textbook 
Economics

Economics


Edition: 12th
Author:
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michaelfidanzamichaelfidanza
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A year ago
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cc84sc Author
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A year ago
This site is awesome
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Good timing, thanks!
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