Exam 36: Macro Policy in a Global Setting

A key reason that the value of the dollar did not change relative to the Chinese yuan in the early 2000s was:

The United States can reduce its trade deficit by:

Since 1970, the U.S.trade balance has:

Which of the following is not one of the ways in which the United States finances a trade deficit?

A weaker dollar would be a good policy if the U.S.government wanted to:

A country that runs a trade surplus increases current consumption at the expense of future consumption.

The U.S.exchange rate has:

If Japan adopts a contractionary monetary policy, then the dollar will:

Without considering the effect that a change in the value of a currency might have on trade, the net effect of an expansionary fiscal policy is:

Considering only its direct effect on income, contractionary monetary policy tends to:

If Japan is in a recession and the United States is growing too rapidly, international policy coordination most likely requires:

During 2007, the United States and Japan announced possible limits on Chinese imports through higher tariff rates on Chinese products.To avoid these limits, China would have had to:

A weak dollar would pose a potential problem for Germany and Japan because it:

A country can have a trade deficit as long as it can:

The economic goals about which there is a substantial agreement include all the following except:

The large budget deficits of the U.S.government in the 2000s have not increased U.S.interest rates because:

Which of the following combinations would be most likely to increase U.S.imports from Japan and reduce U.S.exports to Japan?

Considering only its direct effect on income, expansionary fiscal policy tends to:

In order to pay foreigners interest on the debt, the United States must:

International goals become primary goals when: