If there was an adverse technological shock which decreased the demand for labor, then
A) Imports would increase. B) GDP would increase.
C) Imports would decrease. D) GDP would decrease.
D
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Countries with large current account surpluses might be viewed by the market as candidates for
A) devaluation. B) revaluation. C) bankruptcy. D) depreciation. E) investment.
Which was not one of the main U.S. land acquisitions?
a. The Oregon Country b. The Texas Annexation c. The Florida Acquisition d. The Gadsden Purchase e. All of the above are U.S. land acquisitions.
Other things the same, which of the following would both make Americans more willing to buy Italian goods?
a. the nominal exchange rate falls, the price of goods in Italy falls b. the nominal exchange rate falls, the price of goods in Italy rises c. the nominal exchange rate rises, the price of goods in Italy falls d. the nominal exchange rate rises, the price of goods in Italy rises
Which types of workers are most likely to favor lowering trade barriers in the United States?
What will be an ideal response?