tends to discourage firms from making physical capital investments. O Government borrowing O Large trade imbalances O A high exchange rate High interest rates
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- When countries specialize in the production of goods they have the comparative advantage in, both and will increase O prices, the trade deficit O production, consumption price level, unemployment consumption, unemploymentSuppose the United States decides to subsidize theexport of U.S. agricultural products, but it does notincrease taxes or decrease any other governmentspending to offset this expenditure. Using a threepanel diagram, show what happens to nationalsaving, domestic investment, net capital outflow, theinterest rate, the exchange rate, and the trade balance.Also explain in words how this U.S. policy affects theamount of imports, exports, and net exports.Cooperton and Denalla each produce two products; pots and pens. The table shows the productlon possibilitles for each country. Cooperton Denalia Pots Pens Pots Pens 6,000 4,500 100 4,000 50 3,000 200 2,000 100 1,500 300 200 Which of the following terms of trade would be beneficlal for both countries? O 1 pot trades for 25 pens O 1 pen trades for 1/18 of a pot 1 pot trades for 15 pens O 1 pen trades for 1/22 of a pot
- According to the open-economy macroeconomic model, import quotas increase which of the following O a. net exports and net capital outflow O b. net exports but not net capital outflow. O c. net capital outflow but not net exports. O d. neither net exports nor net capital outflow.Determine which account of the Balance-of-Payments is affected the following transaction: A local resident purchases a retirement condo in Florida for US$10 million. Select one: O a. Current Account - Transfers O b. Current Account - Imports O c. Capital Account - Portfolio Investment O d. Capital Account - Foreign Direct Investment Oe. Current Account - ExportsForeign Direct Investment results in the following benefits: Select one: O a. Tax efficiency O b. Increase the economy's stock of capital O c. Higher productivity O d. Increase the economy's stock of capital AND Higher productivity
- Which of the following is true about BRIC countries: а. There is low prospects of growth O b. To attain raw materials you will outsource to Bangladesh O c. There is low investment O d. There are high growth rates which may not be seen in North AmericaAll of the following fall under the Philippines' capital account except for O a. OFW remittances O b. Cash aid from the US for families affected by typhoon Odette O c. Stocks O d. All of the aboveIf Italian demand for Canadian lumber decreases, the supply of Canadian dollars to the foreign-exchange market will and the demand for euros will therefore O A. increase; increase O B. decrease; increase OC. decrease; decrease O D. remain the same; remain the same E. increase; decrease
- Determine which account of the Balance-of-Payments is affected the following transaction: A local parent sends 500 Euros to his/her son who is studying engineering at a German university. Select one: O a. Capital Account Foreign Direct Investment O b. Current Account Transfers O c. Capital Account Portfolio Investment O d. Current Account Imports O e. Current Account - Exports re to searchWhat is the difference between depreciation and devaluation? O There is no difference. O Depreciation refers to a fixed exchange rate, while devaluation refers to a floating exchange rate. O Depreciation refers to a floating exchange rate, while devaluation refers to a fixed exchange rate.If Italian demand for Canadian lumber decreases, the supply of Canadian dollars to the foreign-exchange market will and the demand for euros will therefore O A. remain the same; remain the same O B. increase; decrease O C. increase; remain the same O D. decrease; increase O E. decrease; decrease
