In March 2023, imports for the US exceeded their exports by $60.6 billion. In June 2023, the importsexceeded the exports by $74.6 billion. If this trend continues, what impact can this have on the US in the longterm?A. Increased foreign investmentB. Stronger domestic currencyC. Decreased trade protectionismD. Accumulation of foreign debt
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In March 2023, imports for the US exceeded their exports by $60.6 billion. In June 2023, the imports
exceeded the exports by $74.6 billion. If this trend continues, what impact can this have on the US in the long
term?
A. Increased foreign investment
B. Stronger domestic currency
C. Decreased trade protectionism
D. Accumulation of foreign debt
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- Suppose there is a rise in foreign output, Y*. This rise in Y* will cause which of the following to occur?The domestic country’s output decreases.The domestic country’s consumption increases.The domestic country’s trade balance worsens.all of the abovenone of the aboveIberia's imports of goods and services are $ ____ billion Thanks!!Which of the following is not included in the current account?a. exports of goodsb. imports of goodsc. U.S. capital inflow and outflowd. unilateral transfers
- Would each of the following transactions be includedin U.S. net exports or in U.S. net capital outflow?Indicate whether it would represent an increase or adecrease in that variable.a. An American buys a Sony TV.b. An American buys a share of Sony stock.c. The Sony pension fund buys a bond from theU.S. Treasury.d. A worker at a Sony plant in Japan buys someGeorgia peaches from an American farmer.QUESTION 33 What happens when imports are more than exports? There is a; OA Trade deficit OB. Trade surplus OCTrade barrier OD.Trade quola QUESTION 34 The value of output of a KFC (an American owned company) in Japan is counted as part of GDP for OA USA OB. Japan and USA Japan O D-China QUESTION 35 In year 1 nominal GDP is $ 20 trillion and in year 2 nominal GDP is $ 24 trillion. What was the growth rate of nominal GDP between year 1 and 2? O A. 16.7% OB 83.3% OC.20%% O D.10.0% QUESTION 36 Given the diagram below which of the following statements is true? 4.00 300 250 200 150 1.00 012 1 4S62 .o10 1 12 13 415 Ority hosandh of dosee per moe O A. When the price is $2 there is a surplus of 4 units O B. When the price is $1:50 the quantity demanded is 4 units OCWhen the price is $3.50 the quantity demanded is 12 units O D.When the price is $3.00 there is a surplus af 4 units uteg apop udWhat happens when a country's economy has a larger participation in foreign trade? It has an underlying trade imbalance. O It has a substantial trade imbalance. O It is more likely to suffer a larger trade imbalance. O It may measure its exports as a share of GDP.
- As domestic currency appreciates, we would expect a. Trade deficit to decrease. b. Trade deficit to increase. c. Imports to decrease. d. Exports to increase.What problem is most directly associated with a trade deficit? O fixed exchange rates O devaluation of a nation's currency O unemployment in import industries. O inflationSuppose that Congress is considering an investment tax credit, which subsidizes domestic investment. a. How does this policy affect national saving, domestic investment, net capital outflow, the interest rate, the exchange rate, and the trade balance?b. Representatives of several large exporters oppose the policy. Why might that be the case?
- A high value of a currency would result in which of the following?Select one:a. Greater competitiveness of exportsb. More exportsc. Increased demand of the higher value currencyd. Increased demand of exports of higher currency value products e. More ImportsIfa. Does the Philippines suffer a trade surplus or trade deficit for 2020 and first nine months of 2021? Explain.b. Does the Philippines suffer a current account surplus or current account deficit for 2020 and first nine months of 2021? c. What is the status of the Philippines Foreign Direct Investments for 2020 and first nine months of 2021? Explain. What is the status of the Philippines Foreign Portfolio Investments for 2020 and first nine months of 2021? Explain. d. What is the role of the Asia Infrastructure Investment Bank (AIIB) in the area of Global Finance? How is their financing structure different from the Asian Development Bank (ADB)?The main items on the A. current account are imports and R.O.W. investments in Canada. B. financial account are exports and Canadian investments in R.O.W C. financial account are imports and R.O.W. investments in Canada. D. current account are exports and imports. E. current account are exports and Canadian investments in R.O.W.