If European incomes rose, European tariffs on U.S. goods decreased, or their tastes for American goods increased, Europeans would demand ____ U.S. goods, leading them to ____ their supply of euros to obtain the added dollars necessary to make those purchases.

Question

Quizplus · Accepted Answer

If European incomes rose, European tariffs on U.S. goods decreased or their tastes for American goods increased, Europeans would demand more U.S. goods. This would lead to an increase in their supply of euros to obtain the added dollars necessary to make those purchases.

If European Incomes Rose, European Tariffs on U