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Microeconomics, 15/e
Campbell R. McConnell, University of Nebraska, Emeritus
Stanley L. Brue, Pacific Lutheran University
Chapter 25 Exchange Rates, The Balance of Payments, and Trade Deficits
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Web-Based Questions
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Web-Based Questions
- Web-Based Question: The U.S. balance
on goods and services-what are the latest figures? The
U.S. Census Bureau reports the latest data on U.S. trade in goods and services
at its website www.census.gov/indicator/www/ustrade.html.
Over the past month, has the trade balance in goods and services improved
(that is, yielded a smaller deficit or a larger surplus) or deteriorated?
Is the relative trade strength of the United States compared to the rest of
the world in goods or in services? Which product groups had the largest increases
in exports? Which had the largest increases in imports?
- Web-Based Question: The yen-dollar exchange
rate The Federal Reserve Board of Governors provides exchange rates
for various currencies for the last decade at www.federalreserve.gov/releases
("Foreign Exchange Rates"; "Historical Data"). Has the
dollar appreciated, depreciated, or remained constant relative to the Canadian
dollar, the European euro, the Japanese yen, the Swedish krona, and the Swiss
franc over the past 5 years?
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