A stronger U.S. dollar in world exchange markets means that
A) foreigners sell the dollars that they have.
B) a dollar buys more units of foreign currency than it could before.
C) a dollar buys less units of foreign currency than it could before.
D) a dollar buys the same amount of foreign currency than it could before, with gold backing up the value of the dollar.
B
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The key to understanding trade balances is to understand the relationships between flows of trade and flows of international___________________________.
a. relocation b. goodwill c. shipments d. payments
The most important determinant of the decisions to lend or borrow is the real rate of interest
a. True b. False Indicate whether the statement is true or false
The United States can reduce its trade deficit by limiting imports through tariffs
a. True b. False Indicate whether the statement is true or false
Inflation lowers the purchasing power of a given amount of money
Indicate whether the statement is true or false