QUESTION 7 The currency used to buy imported goods is the buyer's home currency. dollars if...

Transcribed Image Text:

QUESTION 7 The currency used to buy imported goods is the buyer's home currency. dollars if the good purchased is a commodity. the seller's home currency the currency of a third country. Ospecial drawing rights. QUESTION 8 If foreign investment in the United States (i.e. Dl) exceeds U.S. investment abroad (i.e. Fl), the dollar is. preciating there is a financial account surplus the relative price of U.S. exports is increasing Othere is a financial account deficit. the dollar is appreciating 10 points 10 points Save Answer Save Answer QUESTION 7 The currency used to buy imported goods is the buyer's home currency. dollars if the good purchased is a commodity. the seller's home currency the currency of a third country. Ospecial drawing rights. QUESTION 8 If foreign investment in the United States (i.e. Dl) exceeds U.S. investment abroad (i.e. Fl), the dollar is. preciating there is a financial account surplus the relative price of U.S. exports is increasing Othere is a financial account deficit. the dollar is appreciating 10 points 10 points Save Answer Save Answer

Answer rating: 100% (QA)

Q1 Option C is correct The currency which is taken into use to buy imported goods is domestic ... View the full answer