Answer to Question 1
The monetary policy actions by the Fed affect the U.S. interest rate, changing the dollar/euro exchange rate that clears the foreign exchange market. The European System of Central Banks (ESCB) can affect the exchange rate by changing the European money supply and interest rate.
Answer to Question 2
The figure shows the U.S. current account and net foreign wealth from 1977 until 2008. It shows that a string of current account deficits in the 1980s reduced America's net foreign wealth until, by the end 2008, the country had accumulated a substantial net foreign debt. In 1987 the country became a net debtor to foreigners for the first time since World War I.
Inheritance of an X-linked recessive disorder
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Reconstruction Drawing of Trajan's Market
The Clean Development Mechanism allows developed countries
Frequency of X-Linked Recessive Traits in Males and Females
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...