This topic contains a solution. Click here to go to the answer

Author Question: When the U.S. dollar depreciates in relation to the Swiss franc: a. a U.S. importer will need more ... (Read 72 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
When the U.S. dollar depreciates in relation to the Swiss franc:
 a. a U.S. importer will need more dollars to pay for an invoice denominated in Swiss francs.
  b. a Swiss exporter will receive more Swiss francs for an invoice denominated in the exporter's currency.
  c. Swiss imports of U.S. goods will fall.
  d. the Swiss franc is now worth less in terms of the U.S. dollar.
  e. a U.S. exporter will receive fewer dollars for an invoice denominated in Swiss francs.

Question 2

The record of all transactions with foreign nations that involve the exchange of merchandise goods and services or unilateral gifts is called the:
 a. capital account.
 b. current account.
 c. balance of trade.
 d. balance of payments.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tanna.moeller

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

a

Answer to Question 2

b




hubes95

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
Excellent


daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

For a complete list of videos, visit our video library