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If a country's currency appreciates, then its exports will cost ________ abroad and its imports ...
smcc617
smcc617
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5 years ago
If a country's currency appreciates, then its exports will cost ________ abroad and its imports ...
If a country's currency appreciates, then its exports will cost ________ abroad and its imports will cost ________ domestically.
A) less; less
B) less; more
C) more; less
D) more; more
Question 2
- A government program that attempts to stimulate domestic production of a good in which the country has a natural comparative advantage because of its domestic resources is an example of a(n) ________ policy.
A) primary-export-led
B) import-substitution development
C) outward-looking development
D) linkage-effect
Question 3
- Most cohesion funds in the EU budget go to the wealthier EU member nations.
Indicate whether the statement is true or false
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Everything else held constant, when a country's currency appreciates, the country's goods abroad bec
Solved
A country has a trade surplus when
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A country has a trade deficit when
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If a currency appreciates, then imports become cheaper and exports become more expensive.
Solved
When a currency ________ it buys more of other currencies and makes imports cheaper and exports more
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As a currency appreciates: (Multiple Choice)
As the value of a country's currency rises
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When a country's nominal exchange rate appreciates, the price of
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wert123
wrote...
#1
5 years ago
[ 1 ]
C
[ 2 ]
A
[ 3 ]
FALSE
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smcc617
Author
wrote...
#2
5 years ago
Ready for finals
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