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If an American dollar equals 92.25 Russian rubles... the American dollar is:
a standard
stronger than the Russian ruble
depreciated
a trade deficit
an embargo
appreciation
a subsidy
absolute advantage
If an American dollar is worth 146.12 Japanese yen in Year #1... and the American dollar is worth 141.83 Japanese yen in Year #2... the American dollar has:
a standard
stronger than the Russian ruble
depreciated
a trade deficit
an embargo
appreciation
a subsidy
absolute advantage
When a nation produces more total output than another country... it is known as:
a standard
stronger than the Russian ruble
depreciated
a trade deficit
an embargo
appreciation
a subsidy
absolute advantage
When Americans have more imports than exports, it leads to:
a standard
stronger than the Russian ruble
depreciated
a trade deficit
an embargo
appreciation
a subsidy
absolute advantage
The U.S. has completely banned trade with Iran. This is an example of:
a standard
stronger than the Russian ruble
depreciated
a trade deficit
an embargo
appreciation
a subsidy
absolute advantage
An increase in the value of a currency compared to another currency... is called:
a standard
stronger than the Russian ruble
depreciated
a trade deficit
an embargo
appreciation
a subsidy
absolute advantage
A government payment to an exporting country... is called:
a standard
stronger than the Russian ruble
depreciated
a trade deficit
an embargo
appreciation
a subsidy
absolute advantage
A requirement that must be met before a good is imported... is called:
a standard
stronger than the Russian ruble
depreciated
a trade deficit
an embargo
appreciation
a subsidy
absolute advantage
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