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A considerable advantage that richer countries have over poorer ones is exemplified by the fact that

Chako

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8 years ago

A considerable advantage that richer countries have over poorer ones is exemplified by the fact that

A considerable advantage that richer countries have over poorer ones is exemplified by the fact that
A) richer countries do not have to denominate their foreign debts in their own currencies.
B) when demand falls for a poorer country's goods, this leads to a significant wealth transfer from foreigners to the poorer country, a kind of international insurance payment.
C) richer countries can extract trade advantages by using military power.
D) richer countries have the ability to denominate their foreign debts in foreign currencies.
E) richer countries have the ability to denominate their foreign debts in their own currencies.

Textbook

International Economics: Theory and Policy

Edition: 10^th

Author: Krugman

Read 196 times

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Chako Author

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8 years ago

I doubted this website before I signed up. I regret not being a member earlier lol

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machukian

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7 years ago

Thanks for the feedback, I'm sure others will appreciate it too

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Chamsdine N.

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3 years ago

Thank you

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