In terms of the combined total of exports plus imports, which of the following countries is the world's leading international trader by volume?

Newly constructed homes are classified as

a. private consumption b. housing services c. housing supply d. investment e. construction.

Refer to the graph below. An increase in the demand for yen will result in:

Assume that Japan and the United States are engaged in a system of flexible exchange rates.



A. A depreciation of the Japanese yen
B. An appreciation of the U.S. dollar
C. A depreciation of the U.S. dollar
D. A decrease in the dollar price of yen