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Chako Chako
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8 years ago
The two types of trade, intertemporal and pure asset swap ________ perfect substitutes, because ________.
A) could possibly be; different economic states occur at different points in time
B) are not; asset swapping never relates to intertemporal trade
C) are; they both offer considerable payoff and are equal in the long run
D) are; they both involve the smoothing out of now and future consumption
E) are not; asset swapping is immediate and involves only assets, while intertemporal trade takes two time periods and involves both assets and goods/services
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
wrote...
#3
8 years ago
Good luck
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