Content x "MindTap - Cengage L X MindTap - Cengage L X Class MGMT 2203 OF x Economic Theories of x G does cobra law ngage.com/staticb/ui/evo/index.html? deploymentld=5982801912011689800334091395&elSBN=9780357133637&id=1713474828&snapshotld=3332187& KK CENGAGE | MINDTAP Homework (Ch 18) Suppose you work as the purchasing manager for a national chain of buffet restaurants in the United States, and it is time to place your annual order Tools of hot chili oil. You pay $2,500,000 for a shipment of chili oil from a producer in South Korea. Determine the effects of this transaction on exports, imports, and net exports in the U.S. economy, and enter your results in the following table. If the direction of change is "No change," enter "0" in the Magnitude of Change column. Hint: The magnitude of change should always be positive, regardless of the direction of change. Magnitude of Change Direction of Change (Dollars) Exports No change 0 Imports Increase 2,500,000 eating Net Exports Decrease 2,500,000 Because of the identity equation that relates to net exports, the decrease in U.S. net exports is matched by a decrease _ in U.S. net capital outflow. Which of the following is an example of how the United States might be affected in this scenario? Check all that apply. The United States sells $2,500,000 worth of bonds to the South Korean chili oil producer. The South Korean chili oil producer purchases $2,500,000 worth of stock spread out over a few U.S. companies. The South Korean chili oil producer hangs on to the $2,500,000 so that it can use the U.S. dollars to make investments. Save & Continue Continue without saving e to search O W