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What happens when the us dollars goes up in relation to foreign goods'?
Wiki User
∙ 14y ago
When you are living in the USA and the value of the dollar rises, e.g. with respect to the euro, then it will be cheaper to import goods from other countries (because your dollar is more valuable)
Wiki User
∙ 14y ago
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What are foreign goods?
Items brought into a country from another country are foreign goods.
What makes foreign goods more expensive?
Foreign goods are more expensive to purchase. The extra cost from purchasing foreign goods comes from the shipment of the goods over long distances.
If something happens and foreign consumers begin to buy more goods and services made in the US everything else held constant what do you predict will happen to aggregate demand?
If something happens and foreign consumers begin to buy more goods and services made in the United States, everything else held constant, what do you predict will happen to aggregate demandIf something happens and foreign consumers begin to buy more goods and services made in the United States, everything else held constant, what do you predict will happen to aggregate demand
What is foreign demand?
It is the foreign demand for domestic goods and services.
How do you import goods from foreign countries?
Goods are bought from suppliers from foreign countries. Then a customs tax is paid as the goods a brought (by air/land/sea) into the country
What increases prices of certain foreign made goods?
An import tariff increases the sale price of foreign-made goods.
Tariffs lower the price of foreign goods?
No, the opposite is true. Tariffs raise the price of foreign goods compared to domestic goods. Because of this, tariffs reduce imports.
What are some foreign goods?
foods
Why were goods available from foreign lands?
yes
Why was there an overproduction of consumer goods during the Great Depression?
People could afford to buy as many goods during the depression, and thus there was a much lower demand in relation to the supply of goods that was provided. This led to an overproduction of goods--too many were produced in relation to the amount that was demanded.
Which of these is not an advantage of the foreign production of goods?
Tighter Regulations.
What does foreign goods mean?
means to sell thinds
