A_________________is a situation where suppliers offer different amounts of products for sale at all possible prices in a market.

If Texans decrease their purchases of Mexican beer, assuming all else remains constant, this will ________ of the United States

A) decrease the financial account balance B) decrease net exports C) increase the trade deficit D) decrease the current account balance

Suppose that the current exchange rate between the dollar and peso is $1 equals 10 pesos. If a firm in Mexico wanted to purchase $100,000 worth of U.S. televisions, how many pesos must they exchange?

A) 10,000 pesos B) 100,000 pesos C) 1,000,000 pesos D) 11,000,000 pesos