The impact of the appreciation of a country's currency on its import and export revenue is ().
A: exports decrease, imports increase
B: exports increase, imports decrease
C: exports increase, imports increase
D: exports decrease, imports decrease
A: exports decrease, imports increase
B: exports increase, imports decrease
C: exports increase, imports increase
D: exports decrease, imports decrease
举一反三
- Suppose that the United States eliminates its tariff on steel imports, permitting foreign-produced steel to enter the U.S. market. Steel prices to U.S. consumers would be expected to: A: Increase, and the foreign demand for U.S. exports would increase B: Decrease, and the foreign demand for U.S. exports would increase C: Increase, and the foreign demand for U.S. exports would decrease D: Decrease, and the foreign demand for U.S. exports would decrease
- Assume Countries A, B, and C produce goods that are substitutes of each other and that these countries engage in trade with each other. Assume that Country A's currency floats against Country B's currency, and that Country C's currency is pegged to B's. If A's currency depreciates against B, then A's exports to C should ____, and A's imports from C should ____. A: decrease; increase B: decrease; decrease C: increase; decrease D: increase; increase
- An increase in exports of goods or services with no change in imports of goods or services A: decreases GDP. B: increases GDP. C: may increase or decrease GDP depending on whether it is the export of goods or the export of services that increased. D: has no effect on GDP.
- When a country's currency depreciates against the currencies of major trading partners A: the country's exports tend to rise and imports fall. B: the country's exports tend to fall and imports rise. C: the country's exports tend to rise and imports rise. D: the country's exports tend to fall and imports fall.
- Over time, a depreciation in the value of a nation’s currency in the foreign exchange market will result in: A: Exports rising and imports falling B: Imports rising and exports falling C: Both imports and exports rising D: Both imports and exports falling