assess how an increase in import prices and an increase in export prices will affect th sa economy.

Q: Explain the term Trade Cycle? with example

A: Trade cycles are the alternating phases of expansion and recession in economic activity.  As per…

Q: A rise in the domestic price level in an economy will lead to a а. None of these b. Rise in exports…

A: There are various factors that affect export and import of an economy. And it also depends on how…

Q: How do exchange rates affect Aggregate Demand? Consumption O Government Spending Investment

A: Since, you have asked multiple questions and did not mention which question to solve. We will solve…

Q: What are the major issues with regard to trade imbalances for low- and middle-income countries?

A: Trade imbalances: The negative balance of trade shows the trade deficit which means that the country…

Q: What is bought and sold in the foreign exhange market?

A: Foreign exchange market is termed as an institution where exchange of a nation currency in terms of…

Q: An unfavorable trade balance is Called an?

A: Trade Balance also known as Balance of trade which means the difference of the country's total…

Q: s it possible for countries to achieve internal and external balance in their economies ? Explain .…

A: Yes, it is possible for countries to attain external and internal balance.

Q: In an economy the price of a basket of goods is 84 euros. In another economy the price of the same…

A: PPP exchange rate refers  purchasing power parity (PPP) exchange rate—the rate at which the currency…

Q: What would be the effect of a devaluation on a country’s imports and exports? If a country imports…

A: If there is devaluation of currency that means currency of home country depreciates. Thereby, value…

Q: True or false questions. Need both. GDP measures the gap between a country's exports and its…

A: "Gross domestic product (GDP) measures the monetary value of the final products or services produced…

Q: Suppose there is a reduction in foreign output, Y*. This reduction in Y* will cause which of the…

A: Suppose there is a reduction in foreign output, Y*. This reduction in Y* will cause which of the…

Q: Holding other things constant, an appreciation of anation’s currency causesa. exports to rise and…

A: Currency Appreciation: Currency appreciation means an increase in the value of domestic currency…

Q: State reasons why devaluation only be successful if the imports and exports are elastic and not…

A: Marshal learner condition states that fall in devaluation only be successful when the sum of export…

Q: A US resident buys a $25 wine manufactured in Switzerland in 2020. a. Will the US Next Exports in…

A: Import refers to the situation where the domestic country buying goods and services from the foreign…

Q: cars in Japan is given as: Japanese demand = 10,000 - 0.001(Price of U.S. cars in yen). imilarly,…

A: Imports lead to a surge of assets from the country since import exchanges include payments to…

Q: A Chinese etie tys en autonutile produced in Japari tya Caaden company What aopen resu Select one O…

A: The rate that depicts at which one currency is being measured in terms of another currency is known…

Q: What are the major issues with regard to trade imbalances for the U.S. economy?

A: The United States is one of the world’s strongest nations which also has an all round accepted…

Q: Find the import of goods when the balance of trade are 60 and exports of goods are 20

A: Basically in the given question Balance of trade = 60 Exports of goods = 20 Value needed of imports…

Q: QUESTION 20Suppose there is a rise in foreign output, Y*. This rise in Y* will cause which of the…

A: The income of the foreign(Y*) will determine the export of the domestic country. There is thus an…

Q: (Figure Market for Canadian Goods with US Inputs) Use the figure to answer the question. Price Price…

A: The price of dollar with relation the currency of other nations can be determined in the foreign…

Q: a. Briefly discuss the determinants of imports b. Briefly discuss the determinants of exports c.…

A: Some of the determinants of imports are: When countries disposable income rises or the domestic…

Q: Is it possible for countries to achieve internal and external balance in their economies ? Explain .

A: Internal balance is the situation where the country maintain the level of full employment,…

Q: According to the economic theory, growth in a country's exports results in appreciation of the…

A: A rise in the demand for the domestic currency bids up its value in the international currency…

Q: What are the determinants of the trade balance? Briefly explain each determinant.

A: Trade balance= Export-ImportIf exports are more then there is a trade surplus and in the case of…

Q: Beriefly explain why intrest rate and net export are inversely related in equation…

A:

Q: If the balance of trade are stated as 750 and the imports of goods are 650 find the export o

A: Balance of trade is the difference between the country's export and country's import.  i.e., Balance…

Q: Which of the following best describes a microeconomic question? (A) What is the value of US dollar…

A: Answer: The right answer for the above mentioned statement is option B: Should a particular firm…

Q: A government decides to introduce an expenditure switching measures to reduce a balance of trade…

A: Expenditure Switching Policy is the one which affects the country's expenditure composition on…

Q: Saudi Arabia is an oil exporting country. AD : Y = 710 − 30P + 5G+3Poil， AS : Y = 10 + 5P − 2Poil…

A:

Q: a. What is the value of exports? billion %24

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Consider the information about the economy of Pakistan. Note that the crrency of Pakistan is the…

A: The gross domestic product will measure the market value of all final goods and services produced in…

Q: The United States exports14%ofGDP while Germany exports about 50% of it sGDP.Explain wha ttha…

A: A lower value of exports imply lower level of trade while a higher value of exports imply higher…

Q: When incomes rise, imports tend to a) behave in an unpredictable manner b) fall c) rise d) stay…

A: Answer in Step 2

Q: last seberal yeare, Assume that on the Cwerage he inflathion in Vumam is 5% in us 2 , the Vietnamese…

A: Here, it is given that the inflation in Vietnam is 5%, and in the US, it is 2%, which implies that…

Q: Assuming there is no trade, if the Marginal Propensity to Save is 0.10 and the government increases…

A: Given Marginal Propensity to Save is 0.10 Government increases spending by $4 billion

Q: Everything else the same, if the Brazilian real depreciates, that is expected to increase the…

A: A country's currency depreciation means reduction in the value of the currency in relation to other…

Q: Explain the term Trade Cycle

A: The first stage of Business Cycle refers to expansion in which there is increase in the economic…

Q: At one point Canada’s GDP was $1,800 billion and its exports wer e $542 billion.What was Canada’sex…

A: The trade-to-GDP ratio is a primary indicator of the relative importance for international trade of…