Firms that face downward-sloping demand curves for their output in the product market are called

The trade-to-GDP ratio for a nation that had $600 million in exports, $400 million in imports, and GDP of $2,000 million would be

A) 0.1. B) 0.2. C) 0.5. D) -0.1.

Who among the following is most likely to favor an appreciation of the U.S. dollar?

a. a German professor visiting Chicago b. an American farmer who depends on exports c. an American professor on a tour of Austrian universities d. Disney World in Orlando, Florida, a popular destination for foreign tourists