U.S. exports create a demand for foreign currencies
True or false? “U.S. exports create a demand for foreign currencies; foreign imports of U.S. goods generate supplies of foreign currencies.” Explain.
Expert
The first part of this statement is incorrect. U.S. exports create a domestic supply of foreign currencies, not a domestic demand for them. The second part of the statement is accurate. The foreign demand for dollars (from US. exports) generates a supply of foreign currencies to the United States.
Illustrate other than price many factors determine the outcome?
Newspaper item: “Due to lower grain prices, consumers can expect retail prices of choice beef to begin dropping slightly this spring with pork becoming cheaper after midsummer,” the Agriculture Department predicted. “This reflects increasing supply,” the department said. Does the statement use th
Distinguish between a change in demand and a change in the quantity demanded?
Double coincidence of wants: This means that one person's wishing to buy and sell should coincide with another person’s wish to buy and sell.
Give a brief introduction of the term combined leverage? And in what manner it is calculated?
What are the limitations of Circular Flow Model?
Explain the demand for bagels rises dramatically while the demand for breakfast cereal falls?
Give a brief introduction of the term Risk Principle?
As per to the laissez-faire philosophy of government,: (1) economy works best while all investment decisions are centralized. (2) market system works best along with only minimal government intervention. (3) government must be restricted to stabilizin
18,76,764
1958018 Asked
3,689
Active Tutors
1452713
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!