Because of the J-Curve Effect and Partial Currency Pass-Through,a Depreciation

question 30

Multiple Choice

Because of the J-curve effect and partial currency pass-through,a depreciation of the domestic currency tends to increase the size of a:

• A) Trade surplus in the short run
• B) Trade surplus in the long run
• C) Trade deficit in the short run
• D) Trade deficit in the long run

Comprehend how property ownership and disputes are managed in LLCs.

Recognize the flexibility LLC members have in managing the business.

Understand the implications of choosing different business organizational forms on liability and potential profit.

Grasp the concept of fiduciary duties within the management structure of LLCs.