1. When the US dollar appreciated against other global currencies which one of the following happened as the dollar got stronger:

A. US economy became more competitive with the rest of the world

B. It weakened the Japanese auto industry as more US cars were sold in Japan

C. It injured the US textile industry, and helped drive it overseas

D. It provided an improvement in the US balance of trade

Part 2. Which one of the following is not expected to be a result of lowering interest rates?

A. stronger economies

B. weaker economies

C. higher inflation

D. more employment