In late 2014 and 2015 the value of the U.S. dollar increased relative to the currencies of most of its major trading partners
This rise in the price of the dollar against the other currencies was ________ for companies that exported to the United States and ________ for U.S. companies that exported to other countries.
A) good; good B) bad; bad C) good; bad D) bad; good
C
You might also like to view...
The above table shows production combinations on a country's production possibilities frontier. Which of the following is an example of a production point that is inefficient?
A) 0 units of good X and 40 units of good Y B) 6 units of good X and 28 units of good Y C) 10 units of good X and 16 units of good Y D) 3 units of good X and 35 units of good Y
If actual inflation is greater than expected inflation,
A) the unemployment rate rises. B) the Phillips curve is a vertical line. C) real wages fall. D) real wages rise.