14. Kazakhstan trades with Russia. If costs of production rise in Russia, the demand for the Kazakhstani tenge will and the tenge will a. rise; depreciate b. fall; depreciate c. rise; appreciate d. fall; appreciate

When the relative price of a country’s goods is high, then over time the relative price tends to_____ and the country’s currency _______.   a. rise, appreciates   b. rise, depreciates   c. fall, appreciates   d. fall, depreciates   A temporary increase in transportation costs between the US and the UK that cause the relative price of US goods to jump, will cause international investors to expect a future ______of the dollar that causes US real interest to _______those in the UK.   a. appreciation, exceed   b. appreciation, be less than   c. depreciation, exceed   d. depreciation, be less than

Off-Shoring is:     A. When a country creates trade contracts with other countries   B. When the country imports goods and services   C. When a company purchases it's raw materials over seas   D. When a company is the U.S. contracts some of their jobs to firms outside the U.S.

If China imports cocoa from Ghana, then in China: Select one: a. consumers and producers will lose b. consumers and producers will gain. c. consumers will lose and producers will gain d. consumers will gain and producers will lose.

The volume of trade between two provinces or states of countries are influenced strongly whether they belong to the same nation or not. 1. true 2. false

10 In today's world markets, China tends to rely primarily on exports of () A. agricultural products. B. primary products. C. mineral products. D. manufactured products.

High-income industrial nations such as the United States and Japan tend to have their highest tariffs in a. agriculture, clothing, and textiles b. newer, high-technology manufacturing industries. c. capital-intensive, diversified manufacturing. d. automobiles.