U.S. producer surplus ________ when the United States imports a good and U.S. producer surplus ________ when the United States exports a good

A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases

C

Economics

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A craft union is a union of workers in

a. the same firm b. the same industry c. the same skilled profession d. different skilled professions e. different trades

Economics

An increase in the foreign price of the U.S. dollar is called:

a. depreciation of the U.S. dollar. b. appreciation of the U.S. dollar. c. appreciation of the foreign currency. d. readjustment of the U.S. dollar. e. readjustment of the foreign currency.

Economics