Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 49 1.5 pts Why has the US had a big trade deficit for more than 25 years? O Because we export more than we

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Question 49 1.5 pts Why has the US had a big trade deficit for more than 25 years? O Because we export more than we import The popularity of US stocks and bonds has made the dollar a strong currency and that makes our exports more expensive in foreign markets O It's because the dollar is weak in currency markets and that makes imports cheap for American consumers O Because a trade deficit is an automatic result of government borrowing 1 ptsQuestion 48 1.5 pts Currency manipulation involves a central bank that intervenes to supply or demand currency and the goal is often to make the home currency weaker (less valuable) in order to help domestic exports be competitive in foreign markets O True False

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

Reform Of The International Monetary System An Asian Perspective

Authors: Masahiro Kawai, Mario B Lamberte, Peter J Morgan

1st Edition

4431550348, 9784431550341

More Books

Students also viewed these Economics questions