As a currency appreciates:
A) exports increase and imports decrease.
B) exports decrease and imports increase.
C) exports increase and imports increase.
D) exports decrease and imports decrease.
Correct Answer:
Verified
Q1: Net exports are:
A)negatively related to domestic income,
Q2: Imports are:
A)positively related to income in the
Q3: The difference between interest income or receipts
Q4: Lending abroad represents:
A)a capital outflow.
B)a capital inflow.
C)positive
Q5: Domestic currency appreciation will:
A)help domestic firms that
Q7: When a country's export spending exceeds import
Q8: Domestic currency depreciation will:
A)help domestic firms that
Q9: A trade deficit means:
A)the country has positive
Q10: The current flows of goods,services,investment income,and unilateral
Q11: The difference between nominal and real exchange
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