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A Turkish firm exchanges lira (Turkish currency)for dollars.It then uses these dollars to purchase computers from the U.S.These actions decrease U.S.net capital outflow and increase U.S.net exports.

A) True
B) False

Correct Answer

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The increase in the trade deficit in the 1980's reflected a decrease in national saving that is associated with an increase in the government budget deficit.

A) True
B) False

Correct Answer

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To increase domestic investment,a country must increase its saving.

A) True
B) False

Correct Answer

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According to purchasing power parity,the nominal exchange rate between the U.S.and another country should equal the price level of foreign goods divided by the price level of U.S.goods.

A) True
B) False

Correct Answer

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When net capital outflow is negative,it means that on net the value of domestic assets purchased by foreigners exceeds the value of foreign assets purchased by domestic residents.

A) True
B) False

Correct Answer

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Both foreign direct investment and foreign portfolio investment by U.S.residents increase U.S.net capital outflow.

A) True
B) False

Correct Answer

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If over the next year the inflation rate in the euro area is higher than the inflation rate in Japan,then the euro should depreciate relative to the Japanese yen.

A) True
B) False

Correct Answer

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If Walmart buys $50 million worth of consumer goods from China and sells them in the U.S. ,and China uses the $50 million to purchase U.S.bonds,U.S.net exports and U.S.net capital outflow both fall.

A) True
B) False

Correct Answer

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If the U.S.real exchange rate with Japan is greater than 1,then U.S.goods are relatively cheap.

A) True
B) False

Correct Answer

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From 2008 to 2012 both U.S.saving and U.S.investment fell.

A) True
B) False

Correct Answer

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A country with negative net exports has a trade surplus.

A) True
B) False

Correct Answer

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If a U.S.firm buys Chinese toys using previously obtained Chinese currency,then both U.S.net exports and U.S.net capital outflow decrease.

A) True
B) False

Correct Answer

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When U.S.national saving rises,domestic investment also necessarily rises.

A) True
B) False

Correct Answer

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Jason plans to buy shrimp in Florida and sell them in Manhattan,Kansas where the price is higher.Jason plans to engage in arbitrage.

A) True
B) False

Correct Answer

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If a country's net exports fall,then its net capital outflow falls by the same amount.

A) True
B) False

Correct Answer

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According to purchasing-power parity theory,the nominal exchange rate between the U.S.and another country should equal the U.S.price level divided by the price level in the foreign country.

A) True
B) False

Correct Answer

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If a country's imports exceed its exports it has a trade surplus.

A) True
B) False

Correct Answer

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The large trade deficits in the U.S.during the 1990's were primarily associated with a rise in domestic investment spending rather than a rise in the budget deficit.

A) True
B) False

Correct Answer

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Many economists believe that the theory of purchasing-power parity describes the forces that determine exchange rates in the long run.

A) True
B) False

Correct Answer

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Reduced barriers to trade help explain an increase in U.S.exports and imports relative to GDP since 1950.

A) True
B) False

Correct Answer

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Showing 41 - 60 of 63

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