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True and false 5 and 6
T F 5. Foreign competition is unfair and foreign wages are too low. TF 6. A current account deficit means foreigners dont li

multiple choices
1- just need one answer question 30
euro/$ S/euro D D dollars euro

30. Floating exchange rates: a. are set by governments b. allow domestic monetary control c. encourage policy coordination d.

2- just need an answer question 40

Wage Figure 4 s S+ migration L W2 M N o WI R U Y N х D W LI L2 L3 Labor

40. Gains from trade creation for a bloc are likely to be greater than the losses from trade diversion: a. the more countries
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Answer #1

5). True

6). True

30). b - allow domestic monetory control

40). D - all of the above.

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