Question
A country's exporters would want the country's government to have a balanced budget because: a)the savings will shift to the right, increasing interest rates and
A country's exporters would want the country's government to have a balanced budget because:
a)the savings will shift to the right, increasing interest rates and the demand for dollars, raising the exchange rate, making the country's exports cheaper, and giving exporters an advantage over foreign competitors.
b)the savings curve will shift to the right, increasing interest rates and the demand for dollars, lowering the exchange rate, making the country's exports cheaper, and giving exporters an advantage over foreign competitors.
c)the savings curve will shift to the right, reducing interest rates and the demand for dollars, lowering the exchange rate, making the country's exports cheaper, and giving exporters an advantage over foreign competitors.
d)the savings curve will shift to the left, increasing interest rates and the demand for dollars, raising the exchange rate, making the country's exports cheaper, and giving exporters an advantage over foreign competitors.
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