Author Question: If the value of the euro increases relative to the U.S. dollar, then French goods will be less ... (Read 35 times)

jho37 · **on:** Jul 1, 2018

If the value of the euro increases relative to the U.S. dollar, then French goods will be less expensive in the U.S.
a. True
b. False

Question 2

The overall U.S. balance of payments
a. shows a deficit
b. shows a surplus
c. is the merchandise trade balance
d. equals exports minus imports
e. shows how deficits in one account are exactly offset by surpluses in other accounts