Gov't buys and sells its currency at a _____ rate.
Exports> Imports = balance of payments _____.
One where exchange rate is below its free market value.
When the value of a nations currency goes down such that it takes less of another countrys currency to buy that nations currency.
Exchange rate set by free market forces w/o gov't intervention (S/D).
IR up; Investment down
When the value of a nation's currency goes up such as it takes more of another nations currency to buy that nations currency.
Exchange rate when the gov't buys and sells its currency at certain exchange rates against other currencies.
Purchases of foreign assets by domestic nations (money $ out)
Down
One where the exchange rate is above its free market value.
If the $ is appreciated the exports _____.
If the U.S. spends $200 billion more than it produces, what does the trade deficit equal?
The price of one nations currency in terms of another nations currency.
Defined as what determines the value of a dollar.
Imports> Exports = Balance of Payments _____.
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It prints on two pages.
Big puzzles won’t always print on one page — the clues and grid are the smallest we could make them while keeping them readable for everyone.
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