1. Problems and Applications Q1 Indicate how each of the following transactions
ID: 1165219 • Letter: 1
Question
1. Problems and Applications Q1 Indicate how each of the following transactions affects US exports, imports, and net exports Effect On... U.S. ImportsU.S. Net Export Transaction A French historian spends a semester touring museums and historic battlefields in the United States Students in Paris flock to see the latest movie from Hollywood. Your auntie purchases a Panasonic camera. Your aunt buys a novel by a British author from a local bookstore. Your parents buy a bottle of French wine from a local wine store U.S. Exports Grade It Now Save & Continue Continue without saving O Type here to search 5 6 7 8 9Explanation / Answer
Imports increase when French historian spends the service/good of art museum perusal in Europe. Exports remain unchanged and net exports decreases. Exports increases and imports unchanged. Net exports increases. Exports do not change, imports will increases and net exports decreases. Exports increases, imports unchanged and net exports increases.
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