The principles of comparative advantage and specialization only apply to trade between different nations

A constant rate of U.S. economic growth over a given period of years would involve

A) adding the same amount of real dollars to real GDP per capita each year. B) compounding the percentage increase in real GDP per capita over the years. C) adding the same amount of nominal dollars to real GDP per capita each year. D) None of the above are correct.

In the figure above, the shift in the demand curve for U.S. dollars from D0 to D1 could occur when

A) the expected future exchange rate decreases. B) the U.S. interest rate rises. C) people expect that the dollar will depreciate. D) foreign interest rates increase.