ANSWER KEY
International Economics

 

1. The answer is A.

Question 2.

 








































  



  



  



  



  



  



  

 

2. The answer is B.

Question 3.

 




  



  



   



  











  



  



  



   



  



   



   



  











  



  



  



  



  



  

 

3. The answer is B.

Question 4.

 




  



  



   



  



  











  



  



   



  



   



   











  



  



  



  



  



  



  

 

4. The answer is C.

Question 5.

 




  



  



   



  











  



  



  



   



  



   



   



  



  











  



  



  



  



  

 

5. The answer is B.

Question 6.

 




  











  



   



  



  



  



  











   



  



   



   



  



  



  



  



  



  



  

 

6. The answer is D.

Question 7.

 




  



  



   



  



  











  



















  



   



  



   



   



  



  



  



  



  



  



 

7. The answer is C.

Question 8.

 




  



  



   



  



  



















  



  











   



  



   



   



  



  



  



  



  



  



  

 

8. The answer is C.

Question 9.

 




  



  





















  



  



   











  



   



   



  



  



  



  



  



  



  

 

9. The answer is A.

Question 10.

 




  



  



   



 







 















  



  



  



   



  



   



   



  



  











  



  



  



  



  

 

10. The answer is A.

Question 11.

 




  



  



   



















  



  



  



  



   



  



   



   



  



  











  



  



  



  



  

 

11. The answer is C.

Question 12.

 




  



  











   











  



  



  



  





















  



  



  



  

 

12. The answer is A.

Question 13.

 




  











  



   



  



  











  











  



   



  



   



   



  











  



 

 

 

  

  

 

13. The answer is C.

Question 14.

 




  











  



   



  



  











  











  



   



  



   



   



  











  



 

 

 

  

  

  14. The answer is A.

Question 15.

 




  











  



   



  



  











  











  



   



  



   



   



  











  



 

 

 

  

  

 

15. The answer is A.
Question 16

 




  











  



   



  



  











  











  



   



  



   



   



  











  



 

 

 

  

        

 

16. The answer is C.
Question 17

 




  











  



   



  



  











  











  



   



  



   



   



  











  



 

 

 

  

        

 

17. The answer is D.
Question 18

 

 




  











  



   



  



  











  











  



   



  



   



   



  











  



 

 

 

  

        

 

18. The answer is E.
Question 19

 




  











  



   



  



  











  











  



   



  



   



   



  











  



 

 

 




  











  



   



  



  











  











  



   



  



   



   



  











  



 

 

 

  

        

 

19. The answer is B.
Question 20









  





  



   



  



   



   



  











  



 

 

 

 

 

  




 

  

              

 

20. The answer is A.

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Narayana Kocherlakota

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