U.S. Balance of Trade Deficit Two Questions Q1- Would the U.S. balance of trade deficit be larger or smaller if the dollar depreciates against all currenci
U.S. Balance of Trade Deficit Two Questions Q1- Would the U.S. balance of trade deficit be larger or smaller if the dollar depreciates against all currencies, versus depreciating against some currencies but appreciated against others? Explain.Q2- A relatively small U.S. balance of trade deficit is commonly attributed to a strong demand for U.S. exports. What do you think is the underlying reason for the strong demand for U.S. exports?
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