An increase in the U.S. trade deficit could be caused by
A. A depreciation of the dollar.
B. The imposition of a tariff on imported goods.
C. An appreciation of the dollar.
D. An increase in the rate of inflation in other countries.
Answer: C
You might also like to view...
Which of the following causes the production possibilities curve to shift to the right?
a. d and e. b. c and e. c. A war. d. The development of a new technology that improves productivity. e. The discovery of oil reserves.
The M form organization says China's success is due to:
a. central planning b. state capitalism c. regional competition d. the Hukuo system e. none of the above
Use the above table and assume a fixed cost of $1000. At an output of 0, total cost is
A. 0.
B. $400.
C. $1,000.
D. $1,400.
In a recent year GDP per capita in the United States was much higher than GDP per capital in France. Why would there be such a large difference in GDP per capital between two rich leader countries?
What will be an ideal response?