Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 3 Which goods or services are responsible for most of the trade decit of the U.S.? A. tourism services B. crude oil C. vehicles

image text in transcribed
QUESTION 3 Which goods or services are responsible for most of the trade decit of the U.S.? A. tourism services B. crude oil C. vehicles and consumer goods D. transportation services QUESTION 4 The trade decit of the US. has increased since the 19805. This implies that A. imports grew faster than exports B. the price of exports increased more rapidly than the price of imports C. the real interest rate has declined D. the real exchange rate has increased

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus

Authors: Ron Larson, Bruce H. Edwards

10th Edition

1285057090, 978-1285057095

More Books

Students also viewed these Economics questions