This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Initially trade between Australia and the United States is balanced. Then, if a change in the ... (Read 46 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Apr 19, 2019

Question 1

If the exchange rate between the United States and India changes from $1 = 60 rupees to $1 = 10 rupees, 
ceteris paribus


◦ the United States imports from India increase.
◦ Indian exports to the United States increase.
◦ the United States exports to India increase.
◦ the trade deficit in the United States increases.

Question 2

Initially trade between Australia and the United States is balanced. Then, if a change in the exchange rate increases the U.S. dollar price of Australian goods, 
ceteris paribus, we would expect


◦ a trade deficit in the United States.
◦ a trade surplus in the United States.
◦ a trade deficit in Australia.
◦ a trade deficit in both countries.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jon_i on Apr 19, 2019

Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


jon_i

  • Member
  • Posts: 549
Reply 2 on: Apr 19, 2019
Gracias!

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Swimming underwater at Sydney Aquarium, Australia Swimming underwater at Sydney Aquarium, Australia
Free energy change during electron transport Free energy change during electron transport
Carbon Dioxide, Trace Gases, and Climate Change Carbon Dioxide, Trace Gases, and Climate Change
Hares and Lynx population change "الأرانب البرية و الوشق" Hares and Lynx population change "الأرانب البرية و الوشق"
Climate change is an important vector for human diseases Climate change is an important vector for human diseases
Geoengineering is not a solution to climate change Geoengineering is not a solution to climate change
Video: Buffers definition and the role of buffer in the body

For a complete list of videos, visit our video library