An appreciation of the Norwegian kroner in relation to the U.S. ...

[mspears3]

An appreciation of the Norwegian kroner in relation to the U.S. dollar is most likely to cause:
 a. an increase in the U.S. demand for Norwegian goods.
  b. an increase in the Norwegian demand for U.S. goods.
  c. an increase in the supply of U.S. goods to Norway.
  d. a decrease in the supply of Norwegian goods to the United States.
  e. no change in the demand or supply of goods for either country.

Question 2

The balance of trade records information about:
 a. purchases of U.S. merchandise exports by foreigners.
 b. purchases of foreign financial assets by Americans.
 c. American purchases of foreign services while traveling abroad.
  d. errors and omissions.

[janieazgirl]

Answer to Question 1

b

Answer to Question 2

a

[mspears3]

Excellent

[essyface1]

TYSM