1. State the major advantage of fixed exchange rates in promoting international trade. 2. State the major...
Question:
2. State the major disadvantage of flexible exchange rates in promoting international trade.
3. State the case that flexible exchange rates promote international trade.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
1 The major advantage of fixed exchange rates in promoting internati...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
How is forcing governments to make adjustments to meet their international problems both an advantage and disadvantage of fixed exchange rates?
-
What is the major advantage of air carriers? How does this advantage impact the inventory levels of those firms using air transportation? Explain how this advantage relates to the choice of modes...
-
The major advantage of debt financing is: a. It allows a firm to use creditors' money. b. Interest payments are more predictable than dividend payments. c. Interest payments are not required when a...
-
The receiver most commonly used in AM and FM radio broadcast is the so-called superheterodyne receiver. Answer the following questions about this receiver. a. Draw the block diagram of a...
-
Construct a 98% confidence interval for the average value of y for Problem 12.8; use x = 20.Construct a 98% prediction interval for a single value of y for Problem 14.3; use x = 20.Which is wider?...
-
Ohno Industries purchased 12,000 of merchandise on February 1, 2022, subject to a trade discount of 10% and with credit terms of 3/15, n/60. It returned 3,000 (gross price before trade or cash...
-
Explain the four phases of the Rapid Application Development (RAD) methodology. How do they differ from the traditional SDLC approach?
-
The Board Shop, owned by Andrew John, sells skateboards in the summer and snowboards in the winter. The shop has an August 31 fiscal year end and uses a perpetual inventory system. On August 1, 2017,...
-
What is the present value of the following future amount? $47,727, to be received 19 years from now, discounted back to the present at 7.85 percent, compounded daily.
-
The balance sheet items for Franklin Bakery (arranged in alphabetical order) were as follows at August 1, 2015. (You are to compute the missing figure for Retained Earnings.) During the next two...
-
1. Explain what it means for a currency to be overvalued or undervalued. 2. Explain why an overvalued dollar is bad. 3. Explain how central banks can maintain a fixed exchange rate when a currency is...
-
1. Describe the condition under which two countries could have a fixed exchange rate or adopt a common currency and retain the benefits of flexible exchange rates. 2. Describe when countries are said...
-
In Regardless of Your Major: Conflicting Objectives Lead to Problems in Managing a Firm's Working Capital on page 578, we learned that the objectives of a firm's sales force and the goal of...
-
What are the potential pitfalls of analyzing a transaction like this one based on its IRR or cash multiple?
-
How do we estimate a firms unlevered cost of capital using data from comparable publicly traded firms?
-
What is a straddle?
-
Why does an investor who writes (shorts) an option have an obligation?
-
Is it ever optimal to exercise an American call on a non-dividend paying stock early?
-
The voltage V across a semiconductor in a computer is given by V = I + I 2 , where I is the current (in A). If a 6-V battery is conducted across the semiconductor, find the current if = 2 and = 0.5...
-
This problem continues the Draper Consulting, Inc., situation from Problem 12-45 of Chapter 12. In October, Draper has the following transactions related to its common shares: Oct 1 Draper...
-
For each of the following transactions, indicate how it would affect the U.S. balance of payments if exchange rates were fixed: a. You spent the summer traveling in Europe. b. Your uncle in Canada...
-
We learned in this chapter that successful speculators buy a currency when demand is weak and sell it when demand is strong. Use supply and demand diagrams for two different periods (one with weak...
-
For years, the U.S. government has been trying to get Japan and the European Union to expand their economies faster. Explain how more rapid growth in Japan would affect the U.S. economy.
-
f(x)=5x-3, g(x)=x-5 (f+g)(x)=(Simplify your answer.)
-
(5) A small maintenance project consists of the following jobs whose precedence relationships are given below: Job 1-2 1-3 2-3 2-5 3-4 Immediate Predecessor 15 15 3 5 8 8 Activity 3-6 4-5 4-6 5-6 6-7...
-
Let X be a binomial random variable with the probability distribution f(x) shown below. Find the probability distribution of the random variable Y=x. f(x)= Bere 3-x x=0,1,2,3 elsewhere Complete the...
Study smarter with the SolutionInn App