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christopher mar christopher mar
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6 years ago
Which of the following was NOT one of the causes of the Asian financial crises of 1997 and 1998?
 
  A) A current account deficit and financial account surpluses
  B) The use of exports as an engine of economic growth by the countries involved
  C) China's 1994 devaluation of its fixed exchange rate
  D) The appreciation of the U.S. dollar and depreciation of the Japanese yen


Question 2 - If trade in a particular good interindustry, the expansion of an industry in one country is likely to lead to the ________ of that industry in the other country. If trade in that good is intraindustry, expansion of the industry in one country is likely to lead to the ________ in the other country.
 
  A) decline, decline
  B) decline, expansion
  C) expansion, decline
  D) expansion, expansion


Question 3 - The Lost Decade refers to the years between approximately
 
  A) 1980 and 1990.
  B) 1987 and 1997.
  C) 1972 and 1980.
  D) 1960 and 1970.
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Zhengbo Y.Zhengbo Y.
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6 years ago
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