If Labor Is Immobile Between Two Countries,changes in Relative Demand

question 15

Multiple Choice

If labor is immobile between two countries,changes in relative demand for goods and services may pose major economic problems

• A) whether exchange rates are flexible or fixed.
• B) but the problems will not be as significant as they would be if labor were mobile.
• C) when exchange rates are flexible,but not when they are fixed.
• D) when exchange rates are fixed,but not when they are flexible.

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Definitions:

Traits

Traits are distinguishable qualities or characteristics of an organism, ranging from physical attributes to behavioral patterns, largely determined by genetic information.

Genetics

The science of heredity; includes genetic similarities and genetic variation between parents and offspring or among individuals of a population.

Heredity

The passing of genetic traits from parents to offspring, determining characteristics such as appearance, behavior, and health.

Heredity

The passing of genetic traits from parents to offspring, which is the foundation of genetics.