Multiple Choice
A main reason why the U.S.trade deficit grew so large from 1997 to 2000 was that
A) Congress removed all tariffs and trade restrictions on imports.
B) NAFTA was introduced and Mexican exports flooded the United States.
C) the international value of the dollar fell during the 1990s, which encouraged U.S.exports.
D) the international value of the dollar rose in the last half of the 1990s, which encouraged U.S.imports and damaged U.S.exports.
Correct Answer:
Verified
Correct Answer:
Verified
Q44: Despite the monetary expansion of the 1992-2000
Q45: A currency depreciation<br>A)reduces aggregate demand and increases
Q46: What effect did the decrease in the
Q47: For a major country with extensive capital
Q48: One unpleasant cure for the U.S.trade deficit
Q50: What are the economic effects of a
Q51: If European economies experience a strong economic
Q52: The U.S.trade deficit is made possible, in
Q53: Appreciation of the Japanese yen would lead
Q54: The main input into the production of