Term
| What can US citizens do to increasedecrease supply of US dollars in the foreign exchange market? |
|
Definition
purchase more foreign goods
purchase more domestic goods |
|
|
Term
| Why do nations engage in international trade? |
|
Definition
| becuase it's rare for a country to have everything it needs and wants. They trade to get things or resources that other countries have or are better at making-- comparative advantage |
|
|
Term
| What might cause the international demand for the dollar to increase/decrease? |
|
Definition
lower interest rates
higher interest rates |
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
