Suppose the U.S. dollar rises by 10% with respect to the Canadian dollar. Who wi
ID: 1226604 • Letter: S
Question
Suppose the U.S. dollar rises by 10% with respect to the Canadian dollar. Who will be helped by this?
Question 6 options:
U.S. tourists traveling to Canada
U.S. companies that export to Canada
U.S. residents that hold Canadian dollars
U.S. companies that compete with imports from Canada
If country A has a merchandise trade surplus, then
Question 7 options:
merchandise exports > merchandise imports.
imports of goods and services < exports of goods and services.
the balance of payments equals zero.
the statistical discrepancy is necessarily positive.
a and d
In the balance of payments accounts, the current account includes the purchase and sale of
Question 8 options:
foreign currency.
precious metals.
credit instruments.
goods and services
U.S. tourists traveling to Canada
U.S. companies that export to Canada
U.S. residents that hold Canadian dollars
U.S. companies that compete with imports from Canada
If country A has a merchandise trade surplus, then
Question 7 options:
merchandise exports > merchandise imports.
imports of goods and services < exports of goods and services.
the balance of payments equals zero.
the statistical discrepancy is necessarily positive.
a and d
In the balance of payments accounts, the current account includes the purchase and sale of
Question 8 options:
foreign currency.
precious metals.
credit instruments.
goods and services
Explanation / Answer
Answer )
Q.6) The answer is A. tourists can buy more Canadian gift sets with the same dollar.
note :- B = they will lose the value of Canadian dollar if they want to exchange back to the US dollar.
C = imports from Canada will be cheaper, make the competition more intense.
D=US exports will decline.
Q7.) merchandise exports > merchandise imports.
Merchandise Trade Surplus: The situation where the value of merchandise exports is greater than the value of merchandise imports.
Q.8) goods and services.
CURRENT ACCOUNT records a nations exports and imports of goods and services.it also includes net investment income and net transfers.
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