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A country that wishes to narrow its trade deficit devalues its currency. If domestic demand for imports is perfectly price-inelastic, whether devaluing the currency will result in a narrower trade def

A、The size of the currency devaluation.

B、The countrys ratio of imports to exports.

C、Price elasticity of demand for the countrys exports.

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第1题

The price-specie-flow mechanism suggested that _____________________.

A、a country could easily maintain a balance-of-payments surplus for a long period of time.

B、a deficit country would experience an increase in its money supply and its price level.

C、a surplus country would experience an increase in its money supply and its price level.

D、a country’s internal price level has no relation to the country’s foreign trade activities.

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第2题

Depreciation of a countrys currency is most likely to narrow its trade deficit when:

A、Its imports are greater in value than its exports.

B、Price elasticity of import demand is greater than one.

C、Investment increases relative to private and government savings.

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第3题

Most of the trade deficit in this balance of payments was attributed to trade with which c
ountry?

A.United kingdom.

B.France.

C.Saudi Arabia.

D.Japan.

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第4题

A country sells more to foreign countries than it buys from them. It has

A、a trade surplus and positive net exports.

B、a trade surplus and negative net exports.

C、a trade deficit and positive net exports.

D、a trade deficit and negative net exports.

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第5题

The surge in chinese outbound tourism has windened the country’s trade deficit in the sector.
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第6题

When a country runs a foreign trade deficit under a flexible foreign exchange rate system,
its ______.

A.imports automatically increase

B.currency automatically depreciates

C.exports automatically decline

D.currency automatically appreciates

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第7题

When a country runs a foreign trade deficit under a flexible foreign exchange rate system,
its

A.imports automatically increase

B.exports automatically decline

C.currency automatically depreciates

D.currency automatically appreciates

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第8题

If a country is small, then its trade will have no effect on its terms of trade.
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第9题

Trade ______ for a country to exchange its surplus goods for some services abroad.A.makes

Trade ______ for a country to exchange its surplus goods for some services abroad.

A.makes possible

B.takes it possible

C.get it possible

D.makes it possible

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第10题

Which of the following statements is correct?A.A rich country gets benefits through trade

Which of the following statements is correct?

A.A rich country gets benefits through trade at the expense of its poor country trading partners.

B.A poor country gets benefits through trade at the expense of its rich country trading partners.

C.In trade, one side or the other must lose because the benefits must come from somewhere.

D.In trade, it is possible for every part involved winning at the expense of nobody.

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