Question: 9. Briefly define the following terms (20 Points - 2 points each): a. State capitalism (give an example) b. Interest rate parity c. Carry trade
9. Briefly define the following terms (20 Points - 2 points each):
a. State capitalism (give an example)
b. Interest rate parity
c. Carry trade
d. The gold standard
e. Translation vs. transaction exposure
f: Oligopoly (give an example from 2019 or 2020)
g. Non-tariff barrier (give two examples from 2019 or 2020)
h. Dumping (give an example from 2019 or 2020)
i. Currency convertibility (give one example of a non-convertible currency from 2019 or 2020)
j. Moral hazard (give an example of something other than the insurance industry)
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