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ECS3702 Assignment 1 of 2021

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Uploaded on
March 26, 2021
Number of pages
3
Written in
2020/2021
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Exam (elaborations)
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ECS3702 ASSIGNMENT: 01 2021 S1




ECS3702 Assignment 01 for Semester 1 2021




1. International economics is concerned with
[1] The flow of goods, services and payments among nations
[2] Policies directed at regulating the flow of goods, services and payments
[3] The effects of policies on the welfare of a nation
[4] All of the above

International economics is concerned with the effects upon economic activity from international
differences in productive resources and consumer preferences and the international institutions that
affect them.

2. An increase in the rand price of a foreign currency will usually
[1] Benefit South African exporters
[2] Benefit South African importers
[3] Benefit South African importers and exporters
[4] Harm South African importers and exporters




FOR ACCADEMICE NEEDS CONTACT US ON 065 160 9781 /

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