Which of these situations will cause the depreciation in the value of the UAE Dirham? O a. Increase in the exports of oil and less imports of other things O b. Lower exports of oil and a decrease in the gross domestic product O c. Lower exports of oil and an increase in gross domestic product O d. Increase in the price of oil and increase in exports of minerals and gasses

Which of these situations will cause the depreciation in the value of the UAE Dirham? O a. Increase in the exports of oil and less imports of other things O b. Lower exports of oil and a decrease in the gross domestic product O c. Lower exports of oil and an increase in gross domestic product O d. Increase in the price of oil and increase in exports of minerals and gasses

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Open-economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 9PA

See similar textbooks

Similar questions

What does it mean to say that a currency appreciates? Depreciates? Becomes stronger? Becomes weaker?
How did large trade deficits hurt the East Asian countries in the mid 1980s? (Recall that trade deficits are equivalent to inflows of financial capital from abroad.)
Assume an economy has a budget surplus of 1,000, private savings of 4,000, and investment of 5,000. Write out a national saving and investment identity for this economy. What will be the balance of trade in this economy? If the budget surplus changes to a budget deficit of 1000k with private saving and investment unchanged, what Is the new balance of trade In this economy?
Which of these situations will cause the depreciation in the value of the UAE Dirham? a. Increase in the exports of oil and less imports of other things b. Lower exports of oil and an increase in gross domestic product c. Lower exports of oil and a decrease in the gross domestic product d. Increase in the price of oil and increase in exports of minerals and gas
1. Exporter A offered woolen blanket at price USD 1000 M/T CIFC 3% Hamburg. If the freight costs is USD 80 per M/T, and insurance premium is USD 10 per M/T, the purchasing price of the product is RMB 4000 per M/T, the domestic direct and indirect costs per M/T will be account for 15% of purchasing price, please calculate the total costs of export, the net income from the export and the exporting conversion cost of foreign exchange. If the current exchange rate is 6.5 RMB/USD, is it profitable from the export?
The Foreign Exchange MarketThe Jamaican dollar experienced a rapid depreciation in the exchange rate during 2020 due to thepandemic's impact on key sectors. The exchange rate in 2020 closed at J$142.65 to US$1.00,after opening the year at J$132.57, resulting in a 7.6 per cent depreciation. As at FridaySeptember 16, 2022, the exchange rate was at approximately $ JA 150 to US $1.QUESTIONGiven this rapid depreciation of the Jamaican dollar against the US dollar,should the government of Jamaica adopt a Fixed Exchange Rate regime ormaintain the current Floating Rate regime?Outline to answering the question Clear distinction between fixed exchange rate and floating exchange rate, Examples of countries that uses fixed exchange rate regime and those that uses floatingexchange rate regime and Arguments for and against floating exchange rate
wouldn't the answer be $184 since you also have to subtract net transfers abroad - debit loss of $10. (GDP+net income earned by foreign investment - investment income paid to foreigners + net transfers) $200+$22-$28-$10 = $184
Complete question are given In the picture.Just to clerify to you need to Find this.. What is the effect on equilibrium output of a real depreciation of the currency?
For this question, assume that all price levels are fixed. Now suppose that there is a real depreciation. This real depreciation will cause which of the following to occur? Question 4Answer a. None of the answers b. a reduction in exports c. an increase in imports d. a reduction in net exports e. a reduction in demand for domestic output
2 - What is the other name for the difference between export and import?A) Net exportsB) Foreign trade deficitC) Foreign TradeD) Budget deficitE) Current Account Deficit
The Foreign Exchange MarketThe Jamaican dollar experienced a rapid depreciation in the exchange rate during 2020 due to thepandemic's impact on key sectors. The exchange rate in 2020 closed at J$142.65 to US$1.00,after opening the year at J$132.57, resulting in a 7.6 per cent depreciation. As at FridaySeptember 16, 2022, the exchange rate was at approximately $ JA 150 to US $1 Arguments for and against fixed exchange rate.
Analyze the impact of appreciation and depreciation of US Dollar upon net exports of USA?