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Armenb Armenb
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6 years ago
According to purchasing power parity, which of the following is FALSE about an overvalued dollar compared to the Japanese yen?
 
  A) U.S. merchants would be motivated to import more Japanese goods.
  B) Japanese merchants would tend to export more to the United States.
  C) Prices in the United States would tend to fall.
  D) Over the long term, the exchange rate would fall.


Question 2 - Which of the following is FALSE?
 
  A) A common market is more deeply integrated than an economic union.
  B) NAFTA is an example of a free trade area.
  C) The European Union is a deeper form of integration than NAFTA.
  D) Common markets allow for labor mobility between participating nations.


Question 3 - The ratio of trade to GDP for the U.S. has roughly tripled since the 1960s.
 
  Indicate whether the statement is true or false
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TroejenTroejen
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6 years ago
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Armenb Author
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6 years ago
Words can't even express my thanks
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#3
6 years ago
Pleasure
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