An increase in the U.S. trade deficit could be caused by
A. The imposition of a tariff on imported goods.
B. An appreciation of the dollar.
C. An increase in the rate of inflation in other countries.
D. A depreciation of the dollar.
Answer: B
You might also like to view...
Generating electricity creates air pollution. This industry, if left unregulated, will produce at an inefficient market equilibrium where
A) marginal private cost equals marginal social benefit. B) marginal social cost equals marginal social benefit. C) marginal social cost equals marginal private cost. D) marginal social benefit is greater than marginal social cost.
What is the significance of the concepts "consumer surplus" and "producer surplus"?
What will be an ideal response?
Demographic handicaps and discrimination are primarily responsible for the extent of poverty
Indicate whether the statement is true or false
What is investment in human capital?