Solved

In a Recession,the Trade Balance Often Improves Because

Question 3

Multiple Choice

In a recession,the trade balance often improves because


A) service exports exceed manufactured good exports
B) banks sell depressed assets
C) fewer households can afford luxury imports
D) direct investment abroad declines
E) the capital account exceeds the current account

Correct Answer:

verifed

Verified

Related Questions

Q1: Trading partners should specialize in producing goods

Q2: When a manufacturer's home currency appreciates substantially,<br>A)

Q4: An increase in the exchange rate of

Q5: Regarding operating risk exposure,which of the following

Q6: If Janet Yellen,Chair of the Federal Reserve

Q7: In the last twenty-five years,the Yen and

Q8: If the value of the U.S.dollar rises

Q9: Regarding short-range exchange rate movements,which of the

Q10: Purchasing power parity or PPP says the

Q11: Suppose nominal interest rates in the U.S.rise