Which of those conditions will weaken a country’s currency? Choose TWO: •Bigger trade surpluses •Bigger trade deficits • Rising inflation rates • Falling capital outflows
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Rashmi S.
Explain briefly whether each of the following would be more likely to lead to a higher level of trade for an economy, or a greater imbalance of trade for an economy. a. Living in an especially large country b. Having a domestic investment rate much higher than the domestic savings rate c. Having many other large economies geographically nearby d. Having an especially large budget deficit e. Having countries with a tradition of strong protectionist legislation shutting out imports
In March 2023, imports for the US exceeded their exports by $60.6 billion. In June 2023, the imports exceeded the exports by $74.6 billion. If this trend continues, what impact can this have on the US in the long term? A. Increased foreign investment B. Stronger domestic currency C. Decreased trade protectionism D. Accumulation of foreign debt
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