32) Itfreal interest rates in the United States are higher than those of our trading partners, what will tend to happen to the foreign exchange value of the dollar and the U.S. current account deficit or surplus? A The dollar will appreciate, the current account will move toward a deficit & The dollar will depreciate; the current account will move toward a surplus. C The dollar will depreciate, the current account will move toward a D The dollar will appreciate; the current account will move toward a surplus 33) A Ngh home infation rate relative to other countries would the home country's current account balance, Gouies would home other things equal. A high growth in the home income level relative to other countries wouldthe country's curment account balance, other things equal. A inorease; increase 8 increase; decrease C. decrease; decrease D. decrease; increase 34) Which of the following would be recorded in the U.S. goods export account? Harry, an American citizen, spends 1,000 francs on vacation in the south of France A B. Amachine shop in Ohio purchases a grinder made in Italy. C. Martha D. The U.S govemment subsidizes American farmers for planting corn for export receives a $50 dividend check on stock she owns in a business in Germany E France purchases a new jet fighter aircrat from the Boeing Company in the United States. a country experiences high inflation relative to the US., its exports to the US, should mports should A decrease; increase; upward its deease, n and there is B. decrease, decrease, upward C. Increase; decrease; downward D. decrease; increase, downward E. increase; decrease; upward on its currency's equibrium value