When a good is imported into the United States, a ________is created
A) supply of foreign currency with no effect on the market for the dollar
B) demand for dollars with no effect on markets for foreign currencies
C) supply of foreign currencies and a demand for dollars
D) demand for foreign currencies and a supply of dollars
D
Economics
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The current account includes all of the following accounts except
A) net transfers. B) net exports. C) net financial derivatives. D) net factor payments.
Economics
A union may attempt to obtain stricter certification requirements or longer apprenticeships. These changes would raise workers' wages because they:
a. create unnecessary unemployment. b. shift in labor supply curve leftward. c. decrease the marginal product of labor. d. reduce management's use of featherbedding.
Economics