In a flexible exchange rate system, which of the following would NOT cause the U.S. dollar to depreciate relative to the British pound?
A) a decrease in demand for British goods in the United States
B) an increase in demand for British goods in the United States
C) a decrease in British demand for U.S. exports
D) a shift to the left in the supply of British goods to the United States
Answer: A
You might also like to view...
Pender Pet Products is considered an opportunistic importer because the firm seeks products around the world that it can import and sell profitably to domestic consumers.
a. true b. false
An improvement in one of the four supply factors is a sufficient condition for economic growth. Evaluate
Please provide the best answer for the statement.
The distance between the demand curve and the price the consumer has to pay for a product (given quantity demanded) is referred to as:
A. market surplus. B. producer surplus. C. consumer surplus. D. market shortage.
Government outlays
What will be an ideal response?