Which of the following will increase the demand for U.S. products in the international market?
a. An increase in the average price level in the U.S.
b. A depreciation of foreign currency
c. A depreciation of the U.S. dollar
d. A tariff imposed by the U.S. on imported goods
e. A rise in the domestic demand for goods and services
c
You might also like to view...
The simple circular flow model shows that workers and capital-owners offer their services to firms through the
A. product markets. B. government agencies. C. employment agencies. D. resource markets.
If a German firm produces cars in the United States, that production should count towards
A) U.S. GDP. B) German GDP. C) U.S. GNP. D) both U.S. GNP and German GDP.
Major U.S. exporters would be likely to oppose the sort of protectionist policies favored by domestic producers that compete with imports
a. True b. False Indicate whether the statement is true or false
A theory can best be defined as
a. an untested assertion of untested fact. b. a collection of assumptions that simplify the real world. c. an opinion of a reliable person who studies a subject or discipline. d. a deliberate simplification of factual relationships that attempts to explain how those relationships work. e. the body of knowledge that has been scientifically verified by the scientific community.