Within the Eurozone, a country cannot change its exchange rate to re-establish the competitiveness of its exports. Adjustments have to work through: A. inflation and interest rates. B. Price and wages. C. Interest rates and budget deficits. D. Labour markets and interest rates.
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Within the Eurozone, a country cannot change its exchange rate to re-establish the competitiveness of its exports. Adjustments have to work through:
A. inflation and interest rates.
B. Price and wages.
C. Interest rates and budget deficits.
D. Labour markets and interest rates.
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- The U.S. trade deficits of the 1980s and 1990s may represent a problem because they will require a. lower consumption in the future in order to finance increased investment. b. higher consumption in the future in order to increase imports. c. higher budget deficits in the future in order to increase the trade surplus. d. lower consumption in the future in order to repay interest and principal to foreigners.The theory of Purchasing Power Parity (PPP) or the Law of One Price WORKS as intended when? Group of answer choices 1 An economy protects itself with trade barriers. 2None of the answers can be chosen. 3Goods & services are perfect substitutes. 4Transportation costs are very high. 5 Goods & services have no substitutes.There is a Eurozone recession. if Eurozone member nations try to fix this by monetary and fiscal policies, what would be some intended and unintended consequences of it?
- why is the recovery of global economy, especially the Euro Zone, so important to the South African Economy.What is a trade deficit? a) When a country exports more goods than it imports b) When a country's imports and exports are balanced c) When a country imports more goods than it exports d) When a country has no international tradeExplain why a developing country with a fixed exchange rate Explain why a developing country with a fixed exchange rate and foreign exchange controls in place (perfectly immobile capital) may find itself dependent on growth in exports, foreign investment, or foreign aid to attain economic growth. Explain why a developing country with a fixed exchange rate
- An economy, Delta exported goods worth $30 billion and services worth another $10 billion in 2020. It imported goods worth $40 billion and services worth $8 billion. Receipts of income from abroad were $20 billion while income payments going abroad were $18 billion. Government transfers from Delta to the rest of the world were $7 billion, while various Delta government agencies received payments of $3 billion from the rest of the world. Calculate Delta merchandise trade deficit, and current account balance for 2020.Since the 2000s, U.S. trade deficit in goods has increased the most with which of the following countries or regions? Group of answer choices Asian and Pacific rim countries excluding China Europe China AfricaExplain how the change to the exchange rate between 2019 and 2020 may have influenced the changes in imports, exports, inflation and economic growth?
- If foreigners want to invest more in the American economy______?Group of answer choices 1The exchange rate increases (the US $ appreciates). 2The exchange rate is unaffected. 3The exchange rate decreases (the US $ depreciates). 4The exchange rate could decrease (the US $ depreciates) or it could increase (the US $ appreciates).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.In 2018, Belize had a GDP of 4 billion Belize dollars, and a population of 400,000 people. The exchange rate was 2 Belize dollars per U.S. dollar. Calculate the GDP per capita of Belize in 2018 as measured in U.S. dollars a. 2,000 USD b. 4,000 USD c. 5,000 USD d. 10,000 USD
