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

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

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.

According to the Marshall-Lerner approach, a currency depreciation will best lead to an improvement on the home country's trade balance when the: A: Home demand for imports is inelastic--foreign export demand is inelastic B: Home demand for imports is inelastic--foreign export demand is elastic C: Home demand for imports is elastic--foreign export demand is inelastic D: Home demand for imports is elastic--foreign export demand is inelastic

If a nation has a surplus in its current account, 1. it exports fewer goods than it imports2. it exports more goods than it imports3. the value of its currency should fall4. the value of its currency should rise A: 1 and 3 B: 1 and 4 C: 2 and 3 D: 2 and 4

A rise in the price of imports or a fall in the price of exports will:

Huge imports were ______ the country’s currency reserves.

A country that exports more than it imports runs atradedeficit.

In 2008, most of American agriculture imports were from China.( )

In many developing nations, ___ provide employment opportunities and ______ to pay for the many products that cannot be produced in the home country. （ ） A: imports, earnings B: exports, earnings C: exports, outputs D: imports, outputs