The principal result of the rising value of the U.S.dollar in the mid-1990s was a(n)
A) balance of payments deficit.
B) balance of payments surplus.
C) increase in the rate of inflation.
D) increase in the unemployment rate.
Correct Answer:
Verified
Q177: One method for a deficit country to
Q178: A country with an undervalued currency
A)will have
Q179: The appropriate "medicine" for correcting payments imbalances
Q180: Figure 19-2 Q181: International trade under a floating exchange rate Q183: For developing countries, one of the dangers Q184: The decline in the value of the Q185: After being introduced in 1999, the euro Q186: Because central banks intervene in currency markets, Q187: The main component of the monetary union
A)increased
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents