A Heightened Significance for the U.S. Trade Balance
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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the administration's focus in influencing the trade balance in 2017?
Using the FX channel
Increasing tariffs
Enhancing imports
Reducing exports
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the weak currency policy during the Great Recession affect the US economy?
It led to a decrease in exports
It resulted in higher import costs
It caused a trade deficit
It narrowed the trade balance and boosted GDP
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the impact of the Chinese currency movement on the US economy?
It led to a trade surplus
It had no significant impact
It weakened the US dollar and increased import demand
It strengthened the US dollar and reduced export demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What discrepancy is highlighted between sentiment metrics and hard economic data?
Sentiment metrics were stable while hard data fluctuated
Both sentiment metrics and hard data showed significant growth
Sentiment metrics surged but hard data did not show significant improvement
Sentiment metrics showed a decline while hard data showed growth
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did unusual weather conditions affect job numbers in January?
They led to a decrease in job numbers
They resulted in a decrease in construction jobs
They caused unusual seasonal adjustments, inflating job numbers
They had no effect on job numbers
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