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Author Question: An U.S. firm buys a new industrial sewing machine from a company located in France. Which of the ... (Read 269 times)

ssal

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An U.S. firm buys a new industrial sewing machine from a company located in France. Which of the following is TRUE?
 
  I. U.S. net exports decrease.
  II. U.S. investment increases.
  A) only I
  B) only II
  C) both I and II
  D) neither I nor II

Question 2

Exports of U.S. goods create a ________ U.S. dollars and create a ________ foreign currencies.
 
  A) demand for; demand for.
  B) supply of; supply of
  C) demand for; supply of
  D) supply of; demand for



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soda0602

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Answer to Question 1

C

Answer to Question 2

C





 

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