Define each of the following terms: c. Trade deficit; devaluation; revaluation

Q: If the U.S. dollar appreciates and prices remain the same at home and abroad, foreign goods become…

A: Answer to the question is as follows :

Q: If the trade deficit of the United States increases, how is the current account balance affected?

A: Balance of payment refers to the record of the international transactions that the domestic country…

Q: If an economy has a widening trade deficit, which of the following monetary policy option will…

A: A trade deficit happens when there is a negative net sum or negative equilibrium in a worldwide…

Q: What is the key difference that determines whether an international transaction appears in the…

A: The difference between all money moving into a country in a given period of time (e.g., a quarter or…

Q: Many think that the size of a trade deficit is due to a lack of competitiveness of domestic sectors,…

A: Trade deficit refers to a situation in which the value of imports of goods and services of a nation…

Q: Suppose that Y =Y,NX T in the U.S. Using the large open economy model, illustrate and explain how…

A: The balance of trade is the difference between the monetary value of exports and imports of a nation…

Q: Define favourable and non favorable balance of trade

A: When exports are greater than imports,it would be known as favourable balance of trade.

Q: How can the following below affect tourism industry? a. Lack of international representation b.…

A: a) Tourism may be characterized as a type of capitalist economy that sells more than just things; it…

Q: Which of the following will increase the trade deficit of the US? a. The US dollar depreciating in…

A: A trade deficit occurs when the country has more imports rather than exports and this will result in…

Q: Why do you think balance of payments serves as a tool for exportation and importation?

A: The measure that depicts a record of all of the transactions of international trade and also…

Q: We often hear that trade deficits are bad for a country. Should we agree or disagree with this…

A: Trade deficit is a situation which arises when the imports of the country exceeds its exports that…

Q: How does a growing trade deficit affect a country's GDP?  Explain your answer.

A: GDP refers to the final value of goods and services produced in an economy during a year. The GDP is…

Q: Define the following terms.  a. Trade b. Nominal Exchange rate c. Real Exchange rate d. Absolute…

A: The economics is the social science that study how the individual allocates their scarce resources…

Q: (a) Define the concept of trade deficit and specify the relationship between the trade balance and…

A:

Q: Is trade deficit always a problem? Support your answer with proper reasoning

A: No, trade deficit is not always a bad thing. A country which runs a trade deficit in general imports…

Q: What is current account deficit? List down, with detailed explanations, what causes current account…

A: Current Account forms a part of a country's Balance of Payments (BOP). It includes trade in goods…

Q: In 2001, 2002, and 2003, Congress passed the series of tax cuts that President Bush had requested.…

A: The increased consumer spending due to the tax cuts leads the country towards a larger trade…

Q: In 2019 Country A had a current account deficit of $1.2 billion. CountryA's capital account was in a…

A: Current Account is the account which show the value of export and imports done by country in a…

Q: Has trade deficit impacted the U.S. economic growth?

A: In international trade, different countries of the world import and export goods and services from…

Q: How a devaluation may reduce the trade deficit of a country? What condition is required to reduce…

A: Devaluation is the fall in the value of a country's currency. As a result of fall in exchange rate,…

Q: A government official announces a new policy. Thecountry wishes to eliminate its trade deficit, but…

A: The situation that depicts where imports of a country tend to exceed exports of a country is known…

Q: What will happen to the US trade deficit if the US is in a recession while our trading partners are…

A: Trade deficit happens when the country’s export fell and import rises, it means the situation where…

Q: How can the United States improve trade deficit? Give three solutions.

A:

Q: What are the major components of trade balance

A: Trade balance, or balance of trade, is the term used to calculate the difference between a country's…

Q: Please answer What are some of the major developments in trade over the past two decades? What are…

A: Economic development is basically the process of improving a nation's, region's, local community's,…

Q: Balance of trade

A: International commerce enables governments to open new markets for goods and services that would…

Q: QUESTION 9 A trade deficit must be equivalent to domestic investment minus domestic savings. True O…

A: The balance of trade of a country is known as the difference between the value of the country's…

Q: Define the term TRADE DEFICIT

A: According to the given question Deficit in simple word we can say that when the level of the amount…

Q: (a) Distinguish between a government deficit and trade deficit?

A: Deficit occurs when you receive is less amount as compared to the amount you have spent. Government…

Q: Suppose the US goes into a recession where the economy is not growing very quickly (or is actually…

A: A trade deficit occurs when the US imports more products and services than it exports. When a…

Q: Please define trade surplus, deficit and balance concepts. What currency strategy would you suggest…

A: The trade surplus is the situation in the international market which means there is less import…

Q: The current account balance is equivalent to an excess of domestic expenditure (C + I+ G) over gross…

A: Balance of payment refers to the record of the international transactions that the domestic country…

Q: Under what conditions will a larger budget deficit cause a trade deficit?

A: Budget deficit occurs when the government expenditure exceeds the government revenue. Trade deficit…

Q: Why does a recession cause a trade deficit to increase?

A: A recession is a situation that curbs the economy and follows a downturn to the economic growth and…

Q: trade deficits and a negative current account balance

A: When the TB ( trade balance) is in deficit then domestic investment increase domestic saving,…

Q: We may use the diagram below (Figure 2, panel (a)) to assess whether trade deficits are bad. Use the…

A: Trade deficit refers to the value of import of goods and services exceeds the value of export of…

Q: 5   List the types of policies that can lead to a current account deficit

A: Answer to the question is as follows:

Factor Models

Many attributes might be related to an asset's risk, including market capitalization (size), dividend yield, growth, price-earnings ratio, etc. The use of these traditional descriptors, however, presents a few problems: