All of the Following Are Considered Among the Four Most

question 199

Multiple Choice

All of the following are considered among the four most important determinants in explaining exchange rate fluctuations in the long run except

• A)tariffs and quotas.
• B)preferences for domestic and foreign goods.
• C)interest rates.
• D)relative rates of productivity growth across countries.

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Definitions:

Friction

A force that opposes the movement of two surfaces that are in contact with each other.

Adaptation

The process by which organisms adjust to their environment in order to survive and reproduce, including changes in structure, function, or behavior.

Limbs

Appendages on the human body or on other animals, used for movement or manipulation.

Walk

The act of moving at a regular pace by lifting and setting down each foot in turn, never having both feet off the ground at once.