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bigben0007 bigben0007
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7 months ago

Suppose that labor is mobile between countries A and B.  If the relative demand for goods rises in country A, then labor can flow from ______________.  It may be possible in this situation for countries A and B to __________________ which would help to___________________.



▸

country A to country B; fix the exchange rate between the two countries (or have a common currency); eliminate the risks associated with having a flexible exchange rate.



▸

country B to country A; impose trade restrictions upon one another; increase employment in country A



▸

country B to country A; fix the exchange rate between the two countries (or have a common currency); eliminate the risks associated with having a flexible exchange rate



▸

country A to country B; adopt flexible exchange rates; reduce the risk of exchange rate fluctuations

Textbook 
Economics

Economics


Edition: 12th
Author:
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Marth6377Marth6377
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7 months ago
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bigben0007 Author
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7 months ago
Correct Slight Smile TY
erimis
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Yesterday
This helped my grade so much Perfect
big_larry_samp
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2 hours ago
You make an excellent tutor!
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