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A real appreciation means that domestic goods become more expensive relative to foreign goods.
Please explain. True or false ?
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Solved in 3 steps
- When a country's currency appreciates, the prices of its exports in terms of foreign currency will ______. remain constant decrease increase fluctuate randomly.Will a direct increase in the price of U.S. goods relative to foreign goods lead to a change in the quantity demanded of Real GDP or to a change in Aggregate Demand? Will a change in the exchange rate that subsequently increases the price of U.S. goods relative to foreign goods lead to a change in the quantity demanded of Real GDP or to a change in Aggregate Demand?A rise in interest rates tends to contract the economy by appreciating the currency and reducing net exports. True False
- Effect of fiscal and monetary policy on net exports in ZimbabweDistinguish between a nominal appreciation and a real appreciation of a currency.If the value of the dollar appreciates in value relative to other currencies, this means the dollar becomes "stronger", how are the following groups affected. Please explain your answers. US Importers, hurt or helped? US Exporters, hurt or helped? Will this strengthening of the dollar cause GDP to increase or decrease?
- Turkey has run a trade deficit for almost every year during the past few decades. Which of the following is the main factor leading to this situation? a.The Turkish lira is overvalued against foreign currencies. b.International demand for Turkish goods and services is low. c.Domestic demand for foreign goods and services is high. d.National saving in Turkey is low relative to domestic investment.Will Net exports (equals exports minus imports) rise or fall under each of these scenarios: S. price level rises faster than foreign price levels S. GDP grows slower than foreign GDP $US falls in value relative to other currenciesWhat does it mean when the dollar appreciates compared to when the dollar depreciates? Has the US dollar been relatively strong or weak over the past year? How does the strength of the dollar affect exports and imports?
- When exports and imports are exactly equal for a country, this is called... Net imports. Trade surplus. ⒸNet exports. Trade deficit. Balanced trade.If the yen appreciates in value, then: Question 3 options: It is more expensive for Americans to buy Japanese products but cheaper for Japanese to buy American goods It is cheaper for Americans to buy Japanese goods and cheaper for Japanese to buy American goods It is more expensive for Americans to buy Japanese products and more expensive for Japanese to buy American products It is cheaper for Americans to buy Japanese goods but more expensive for Japanese to buy American goods.If the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 2 francs per dollar, then the franc depreciates from _______ (x.x) U.S. dollars per franc to ________ (x.x) U.S. dollars per franc.