In General, for Any Two Countries, There Are Many Exchange

question 248

True/False

In general, for any two countries, there are many exchange rates that will lead to gains from trade, based on comparative advantage.

---

Definitions:

Disaccharide

Condensation product of two monosaccharides by the elimination of water.

Sucrose

A type of sugar, made of glucose and fructose, often referred to as table sugar.

Glucose

A basic glucose molecule serving as a vital energy source in life and a component in many types of carbohydrates.

Glycogen

An energy-storing polysaccharide made of glucose, found in animals and fungi, with a branched structure.