An increase in the demand for US goods imported into South africa will have the following impact in the South African market: 1. The volume of imports will decrease. True False 2. The balance on the currenbt account of the Balance of Payments will improve. True False

An increase in the demand for US goods imported into South africa will have the following impact in the South African market: 1. The volume of imports will decrease. True False 2. The balance on the currenbt account of the Balance of Payments will improve. True False

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter28: International Trade And Finance

Section: Chapter Questions

Problem 9SQP

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Question

An increase in the demand for US goods imported into South africa will have the following impact in the South African market:

1. The volume of imports will decrease.

True

False

2. The balance on the currenbt account of the Balance of Payments will improve.

True

False

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