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Question 1- fill in the blank When interest rates in the U.S. increase, the supp

ID: 1258754 • Letter: Q

Question

Question 1- fill in the blank

When interest rates in the U.S. increase, the supply of dollars ________ and the demand for dollars ________.

Question 2

The World Trade Organization

D)is made up of business leaders from all over the world.

Question 3

Question 4

If political instability increases abroad,

A)was established as part of the Bretton Woods agreement. B)requires members to charge the same prices on goods traded internationally. C)requires members to reduce tariffs and eliminate non-tariff barriers.

D)is made up of business leaders from all over the world.

Question 3

If the country imposes a tariff on the product depicted in the graph, then imports

A) increase from QDD to QDD. B) increase from QDD QDDto QSD QSD. C) decrease from QDD QSD to QDD QSD. D) decrease from QDD to QDD.

Explanation / Answer

1. When interest rates in the U.S. increase, the supply of dollars decreases and the demand for dollars increases.

2. Is made up of business leaders from all over the world.

3. Decrease from QDD QSD to QDD QSD.

4. The demand for dollars increases and the dollar appreciates.

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