Ceteris paribus, if interest rates in the United States rise relative to those abroad, then the surplus in the U.S. capital account would

A. Grow larger and the dollar would appreciate.
B. Become smaller and the dollar would depreciate.
C. Become smaller and the dollar would appreciate.
D. Grow larger and the dollar would depreciate.

Answer: A

Economics

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As mentioned in the video, Gaviña uses many different channels to get its coffee to market. If Gaviña sells coffee in bulk to Costco, which then sells retail packs to individual consumers for personal use, which distribution channel is this?

A. Producer to wholesaler to retailer to consumer B. Producer to? agent/broker to wholesaler to retailer to consumer C. Producer to? agent/broker to consumer D. Producer to consumer E. Producer to retailer to consumer

Economics

(Last Word) Based on the concept of price elasticity of demand, which of the following cases is most likely to occur?

A. Golf courses charging higher prices for golf during the week than on weekends. B. Movie theaters charging higher prices for senior citizens. C. Colleges charging lower tuition for low-income students. D. Airlines charging lower fares for business travelers.

Economics