1.International macroeconomics studies:

A) decisions of individual households in other countries.

B) decisions by governments in other countries.

C) the interrelationship of large-scale economic issues across countries.

D) the interrelationship of politics and economics within a country.

2. A nation's external wealth can be affected by which of the following?

I. the difference between international spending and income from the rest of the world

II. changes in currency values

III. capital gains and losses on equities and real estate

A) I

B) II and III

C) I and III

D) I, II, and III