St. Philips College

ECON 101

Chapter 22

1)Appreciation of the dollar refers to________________

2. When foreigners buy U.S. dollars because they are a more stable currency than the currencies in their countries, they are generating a

3. An excess demand for foreign currency at current exchange rates is known as a

4. The net balance of payments is

5. Import-competing industries in the United States are likely to resist

6. The demand for U.S. dollars originates from all of the following except

7. Which of the following generates demand for foreign currencies?

8. When foreign residents increase their demand for U.S. dollars, ceteris paribus,

9. Ceteris paribus, if Canadians decide they want to eat more U.S.-grown soybeans, this causes the                                              U.S. currency to                      .

10. Which of the following is not true concerning a currency bailout?

11. Which of the following does not involve exports and imports?
12. The current account balance is equal to

13. Which of the following could be responsible for the depreciation of a country's currency?