8. when the prices of u.s.-produced goods rise and the price of foreign-produced goods do not...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
8. when the prices of u.s.-produced goods rise and the price of foreign-produced goods do not change, the result is O a decrease in exports. O a decrease in imports O an increase in exports O no change in imports or exports. 8. when the prices of u.s.-produced goods rise and the price of foreign-produced goods do not change, the result is O a decrease in exports. O a decrease in imports O an increase in exports O no change in imports or exports.
Expert Answer:
Answer rating: 100% (QA)
A lower price level makes that economys goods more attractiv... View the full answer
Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-1259917028
8th edition
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
Posted Date:
Students also viewed these economics questions
-
When the prices of compact discs (you remember those, right?) increased from $10 to $11, the quantity of CDs demanded decreased from 100 to 87. Using the Mid-Point Method (page 99), what is the price...
-
When the prices of compact discs (you remember those, right?) increased from $10 to $11, the quantity of CDs demanded decreased from 100 to 87. Using the Mid-Point Method (page 99), what is the price...
-
Nevilles passion is fine wine. When the prices of all other goods are fixed at current levels, Nevilles demand function for highquality claret is q = .02m 2p, where m is his income, p is the price...
-
Consider a two-stage compression refrigeration system operating between the pressure limits of 0.8 and 0.14 MPa. The working fluid is refrigerant-134a. The refrigerant leaves the condenser as a...
-
What is the rule of three? How might marketers at a small firm actually use that rule to gain competitive ground in their industry?
-
Suppose that Adams Company sells a product for $20. Unit costs are as follows: Direct materials ................................................... $3.90 Direct labor...
-
(Leverage) Your friend presents you with the following deal: You can buy a box for $9, decorate it at a cost of $1, and sell it in 1 year for $11. a. You have $100 to invest in the boxes (and...
-
Adria Lopez receives the March bank statement for Success Systems on April 11, 2014. The March 31 bank statement shows an ending cash balance of $ 77,354. A comparison of the bank statement with the...
-
Regard y as the independent variable and x as the dependent variable and use implicit differentiation to find dx/dy. x42 - xy + 3xy3 = 0 3 - 9xy2 - 2x y X'= 4x y 3 2 - 3x + 315Find dy/dx by implicit...
-
In 2005 IBM had a return on equity of 26.7 percent, whereas Hewlett-Packards return was only 6.4 percent. Use the decomposed ROI framework to provide possible reasons for this difference based on the...
-
22, XYZ Corporation reported pretax book income of $750,000. Included in the computation were unfavorable temporary differences of $100,000, favorable temporary differences of $10,000, and...
-
The following chart displays the results of the first year's production of a new electric-car produced by Sleek Motors.The table was created from data supplied by the company's entire production...
-
1 1 point Give an example of heat transfer through convection. Water boiling in a pot The energy emitted by the filament of a light bulb The energy coming from the sun A pan on a hot burner
-
Q.4. A section 30 cm x 50 cm has a 15 cm hole whose axis is 15 cm from the upper edge. [10] (a) What is the distance of the Centroidal Axis from the upper edge? (b) What is the Moment of Inertia of...
-
In a speech by John E. Pepper, former CEO of Procter & Gamble (P&G), the following observation was made: "Efficient Replenishment is basically just-in-time inventory management...... We eliminated...
-
During the last quarter a company had a bad sales and it's budgeted results are as given below: Product A: sales =2,50,000, PV ratio=50% Product B: sales =4,00,000, PV ratio=40% Product C: sales...
-
An assembly line with 30 activities is to be balanced. The total amount of time to complete all 30 activities is 50 minutes. The longest activity takes 2.2 minutes and the shortest takes 0.8 minute. T
-
Sportique Boutique reported the following financial data for 2012 and 2011. Instructions(a) Calculate the current ratio for Sportique Boutique for 2012 and 2011.(b) Suppose that at the end of 2012,...
-
Using the information in Problem 9-46, complete the following: Data from Problem 9-46 Computer Graphics (CG) is a small manufacturer of electronic products for computers with graphics capabilities....
-
What are transferred-in costs?
-
Vista Company manufactures electronic equipment. In 2018, it purchased from an outside supplier the special switches used in each of its products. The supplier charged Vista $2 per switch. As an...
-
Why is EVA a better measure of financial performance than are accounting measures such as net income or earnings per share?
-
Might financial value creation be an appropriate goal for not-for-profit businesses? Explain.
-
Richmond Clinic has obtained the following estimates for its costs of debt and equity at various capital structures: What is the firms optimal capital structure? (Hint: Calculate its corporate cost...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App