The U.S.trade deficit is made possible, in part, because of foreigners' demand for U.S.financial assets.
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Q34: A rise in the domestic interest rate
Q35: A currency appreciation reduces aggregate demand and
Q36: International capital flows are purchases and sales
Q37: As the international value of the dollar
Q38: A rise in interest rates tends to
Q40: The U.S.trade deficits of the late 1990s
Q41: The sum of current account surplus and
Q42: International capital flows increase the power of
Q43: Figure 36-1 Q44: A currency appreciation should _ net exports,
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