An increase in U.S. exports because of increasing foreign incomes represents ________ in the United States.
What will be an ideal response?
an increase in autonomous expenditure
Economics
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Demonstrate that whether you would prefer to have $225 today or wait five years for $300 depends on the interest rate. Show your work
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Selling a product in a foreign nation at a price less than its cost of production is called
A) infant-industry exploitation. B) absolute advantage. C) dumping. D) net exporting.
Economics
What four decisions must firms with market power make?
What will be an ideal response?
Economics
An increase in the amount of capital per worker always increases the value of output
a. True b. False Indicate whether the statement is true or false
Economics