A rise in the government budget deficit
a. increases the interest rate so in the market for foreign-currency exchange, supply shifts right.
b. increases the interest rate so in the market for foreign-currency exchange,supply shifts left.
c. decreases the interest rate so in the market for foreign-currency exchange, supply shifts left.
d. decreases the interest rate so in the market for foreign-currency exchange supply shifts right.
b
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Which one of the following countries refused to accept the IMF conditions during the East Asian financial crisis?
A) South Korea B) Indonesia C) Malaysia D) Thailand E) Singapore
Foreign direct investment is:
A. investment that occurs when a firm runs part of its operation abroad or invests in another company abroad. B. investment that occurs when a firm runs its operation domestically, and sells its product abroad. C. when foreign companies buy physical capital from the United States. D. when foreign companies buy and operate physical capital within the United States.