MCQOPTIONS
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| 1. |
Given a system of floating exchange rates rising income in the United States would trigger a (an) ? |
| A. | increasing in the demand for imports and an increasing in the demand for foreign currency |
| B. | increase in the demand for imports and decrease in the demand for foreign currency |
| C. | decrease in the demand for imports and an increase in the demand for foreign currency |
| D. | decrease in the demand for imports and a decrease in the demand for foreign currency |
| Answer» B. increase in the demand for imports and decrease in the demand for foreign currency | |