Under normal circumstances, the ratio of a country's export prices to its import prices should
a. increase as trade increases
b. decrease as trade increases
c. fluctuate as trade increases
d. remain constant as trade increases
e. none of the above
A
Economics
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When the Fed makes higher interest payments on bank reserves, banks will hold ________ reserves which will ________ the money supply
A) less; increase B) less; decrease C) more; increase D) more; decrease
Economics
In recent years, the largest trading partners of the United States have been
a. Germany, France, Spain, and the United Kingdom. b. Canada, Mexico, China, and Japan. c. Canada, Brazil, Argentina, and Chile. d. Russia, Venezuela, Saudi Arabia, and Indonesia.
Economics