The market for U.S. cars was impacted significantly by consumers' ...

[magmichele12]

The market for U.S. cars was impacted significantly by consumers' options to buy which of the following?
 
  (a) Used cars
  (b) New cars produced by U.S. producers
  (c) New cars produced by foreign producers
  (d) All of the above

Question 2

Within a system of perfectly flexible exchange rates, an decrease in the United States demand for imports would result in a
 
  a. rise in the exchange rate.
  b. fall in the exchange rate.
  c. balance of payments deficit.
  d. balance of payments surplus.

[cswans24]

Answer to Question 1

(d)

Answer to Question 2

B

[magmichele12]

Thanks for the timely response, appreciate it

[smrtceo]

Gracias!