.Exam Question, Macroeconomics

Assignment Help:
If a country allows trade and, for a certain good, the domestic price without trade is lower than the world price.

A) the country will be an exporter of the good.
B) the country will be an importer of the good.
C) The country will be neither an exporter noe an importer of the good.
D) Additional information is needed about demand to determine whether the country will be an exporter of the good, an importer of the good, or neither.

Related Discussions:- .Exam Question

What are the macroeconomic variables, Macroeconomics usually deals with the...

Macroeconomics usually deals with the behaviour of aggregates of economic variables. An economic variable is a magnitude whose value may changes. Important variables in macroeconom

Factors responsible for changes in aggregate demand, Factors Responsible fo...

Factors Responsible for changes in Aggregate Demand The Aggregate Demand curve shows an inverse relationship between the quantity of goods and services demanded and the price l

Aplia Chapter Questions, Need answers for the questions (Chapters 10, 11 & ...

Need answers for the questions (Chapters 10, 11 & 12) Please see attached questions. Thanks!

Determine exogenous enhance in the velocity of money, Assume in country-A C...

Assume in country-A Central Bank cares only about keeping the price level stable & in country-B, its central bank cares only about keeping output & employment at their natural rate

Internal market forces, what are some internal market forces and how is the...

what are some internal market forces and how is the outcome of output, jobs, prices, growth, and international balance

Government can finance its budget deficit, A government can finance its bud...

A government can finance its budget deficit by doing all of the following except: A. borrowing from its central bank. B. printing money. C. selling bonds. D. buying bonds.

Utility function that is consistent, Suppose that midterm grades determine ...

Suppose that midterm grades determine your nal course grade putting the Midterm 1 grade on the horizontal axis and the Midterm 2 grade on the vertical axis, draw indifference curve

Multiplier, multiplier static and dynamic

multiplier static and dynamic

Inflation, What are the effects of neutral inflation

What are the effects of neutral inflation

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd