All categories

3 years ago

How does a change in a country's real exchange rate affect its net exports?

1 answer:

8 0

Answer: (C) When a country's real exchange rate appreciates, it imports more and exports less, causing its net exports to fall.

Explanation:

When a country's real exchange rate appreciates i.e the value of its currency increases, it imports more because more products could be bought with the same amount of the currency as a result of its increased value, and it export less because their goods would become more expensive for other countries resulting in reduced demand. Therefore, resulting in the fall of its net export. This is a form of trade balance.

You might be interested in

A company purchases 12,000 pounds of materials. The materials price variance is $6,000 favorable. What is the difference between

Sonbull [250]

Answer:

The difference between the standard and actual price paid for the materials is $0.5.

Explanation:

Given Data:

Actual Quantity = 12,000 Pounds

Material Price Variance = $6,000

We know the formula for Material Price Variance is:

Materials Price Variance = (Actual quantity × Actual price) – (Actual quantity × Standard price) ----- (1)

For convenience, suppose:

Actual Price = AP & Standard Price = SP

Rearranging the equation (1) and substituting the Actual and standard price with AP and SP we get,

Material Price Variance = (Actual Quantity x AP) – (Actual Quantity x SP)

Taking Actual Quantity as common on the left hand side of equation we get:

Material Price Variance= Actual Quantity (AP – SP) ---- (2)

Putting the values of Material Variance and Actual Quantity in equation (2), we get:

$6000=12,000 (AP – SP)

Rearranging the equation we get,

AP – SP = $6000/12,000

Finally, AP – SP = $0.5

Conclusion:

The difference between the standard and actual price paid for the materials is $0.5.

7 0

3 years ago

Who is responsible for maintaining roads in lynchburg va?

Oksanka [162]

The agency that is responsible for the roads in Lynchburg, Virginia is the Virginia Department of Transportation. This is a state agency is that is responsible for all of the roads in the state of Virginia. Some of the things that they do is to maintain all roadways, operating the roads, and building the roads. They also make sure to keep the roadways clear of ice in the winter by putting down chemicals and salt to keep the ice melted off the major roadways. They also plow the roads in the winter. In the summer, they start clearing off the sides of roads of grass and debris. The county road crews are normally only filling potholes and other minor issues with roads in the area.

7 0

3 years ago

The application of multiple regression analysis to a data set yields an F statistic that is highly significant and t ratios that

dolphi86 [110]

Answer:

(B) multicollinearity is present.

Explanation:

Multicollinearity -

It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with the substantial degree of accuracy , is known as multicollinearity or collinearity .

In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .

hence , from the question , the indication is of (B) multicollinearity is present .

6 0

3 years ago

What I need to do if I want to resells products from Amazon? It is legal? Tell the requirements.

Reptile [31]

Answer:

All i know is no its not illegal at all .

Explanation:

6 0

3 years ago

Read 2 more answers

According to the _____________ of Alderfer’s ERG theory, an already-satisfied lower-level need can become reactivated when a hig

BaLLatris [955]

Answer:

regression theory

Explanation:

According to the regression theory of Alderfer’s ERG theory, an already-satisfied lower-level need can become reactivated when a higher-level need cannot be satisfied.

Alderfer proposed a regression theory to go along with the ERG theory, where he propounded that when needs in a higher category are not met then individuals redouble the efforts invested in a lower category need.

For example if self-actualization or self-esteem needs in the Maslow's hierarchy of needs are not met then individuals will invest more effort in the physiological and safety category in the hopes of achieving the higher need.

4 0

3 years ago

How does a change in a​ country's real exchange rate affect its net​ exports?

How does a change in a country's real exchange rate affect its net exports?