Solved

In the Price-Specie-Flow Mechanism, There Is a Gold __________ a Country

Question 20

Multiple Choice

In the price-specie-flow mechanism, there is a gold __________ a country with a balance-Of-trade surplus, and this gold flow ultimately leads to __________ in the surplus Country's exports.


A) inflow into; an increase
B) inflow into; a decrease
C) outflow from; an increase
D) outflow from; a decrease

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: According to the labor theory of value,<br>A)

Q16: What were the critical foundations of Mercantilist

Q17: Suppose that country A's total exports are

Q18: With M<sub>S</sub> = supply of money, V

Q19: The "paradox of Mercantilism" reflected that fact

Q21: The price-specie-flow mechanism suggested that<br>A) a country

Q22: Which of the following policies would NOT

Q23: Given the following Classical-type table showing

Q24: (a) Why did the Mercantilists think

Q25: In the price-specie-flow doctrine, a deficit country