A rise in the value of the Canadian dollarQuestioncreates jobs in exporting businesses.makes imported products more expensive.increases your income taxes.decreases your income taxes.decreases Canadian exports.

Correct AnswerA rise in the value of the Canadian dollar typically means that the Canadian dollar…

Answered: A rise in the value of the Canadian…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Similar questions

A country that is spending more than it makes a- unstable b- trade balance c- trade deficit c- trade surplus
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Which of the following is NOT a consequence of having an overvalued currency it acts like a tax on exporters exporters will have to ask for higher prices and may lose competitiveness it tends to lower import quantity it makes it cheaper to buy foreign products and services
What will happen to the US trade deficit if the US is in a recession while our trading partners are strong
In the balance-of-payments of Canada, merchandise imports are recorded as: a positive entry a financial account entry changes in official reserves a current account entry transfers
Use the information in the following table on Mexico’s 2007 international transactions to answer 1. What is the balance of trade?
A trade deficit occurs when a country: A) Has higher exports than imports B) Has higher imports than exports C) Implements strict import quotas D) Lowers tariffs on all imports
What is it called when country import prices gain relative to that of its export prices?
If imports exceed exports, as in recent years, then __________ exists. a trade surplus a trade deficit a trade imbalance trade disequilibrium
If Americans decide to buy more goods from India, and the Indian producers use all of the money to buy American goods, the U.S.: current account deficit and capital account surplus have both decreased. current account deficit and capital account surplus have both increased. current account deficit has decreased and the U.S. capital account surplus has increased. current and capital accounts have not changed.
Why are aircraft one of the United States' greatest exports? The demand for aircraft is high. The US has a great deal of technological knowledge. The American dollar is cheap compared to other currencies.
please do the questions and the chocies for the last question is (high, low) thankyou!!

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A rise in the value of the Canadian dollar Question creates jobs in exporting businesses. makes imported products more expensive. increases your income taxes. decreases your income taxes. decreases Canadian exports.