If U.S. net exports are negative,
A) U.S. consumers are spending less on foreign goods than foreign consumers are spending on U.S. goods
B) U.S. consumers are spending more on foreign goods than foreign consumers are spending on U.S. goods
C) the government should promote imports to balance international trade
D) U.S. consumers are spending more on foreign goods than they are spending on U.S. goods
E) U.S. disposable income is low
Correct Answer:
Verified
Q8: If one British pound originally exchanges for
Q9: U.S. net exports will fall if
A)U.S. income
Q10: A decrease in the value of the
Q11: An increase in U.S. income would lead
Q12: If imports are plotted on the vertical
Q14: As U.S. income rises, U.S. imports will
Q15: If the value of the U.S. dollar
Q16: An increase in the value of the
Q17: An increase in U.S. consumers' incomes will
Q18: A decrease in the value of the
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