Recently, the U.S. experienced an annual balance of trade representing a __________.

An increase in the current account deficit will place _______ pressure on the home currency value, other things equal

Which of the following would likely have the least direct influence on a country's current account?

The North American Free Trade Agreement (NAFTA) increased restrictions on:

The primary component of the current account is the:

A General Agreement on Tariffs and Trade (GATT) accord in 1993 called for

 ______________ is (are) income received by investors on foreign investments in financial assets(securities).

The World Bank's Multilateral Investment Guarantee Agency (MIGA):

A weakening of the U.S. dollar with respect to the British pound would likely reduce the U.S.exports to Britain and increase U.S. imports from Britain.

Changes in country ownership of long-term and short-term assets are measured in the balance of payments with the capital account

Direct foreign investment by UK.-based MNCs occurs primarily in the Bahamas and Brazil

A tariff is a maximum limit on imports

A high home inflation rate relative to other countries would _______ the home country's current account balance, other things equal. High growth in the home income level is relative to other countries would _______the home country's current account balance, other things equal. 

If a country's government imposes a tariff on imported goods, that country's current account balance will likely __________ (assuming no retaliation by other governments)

_________ purchases more U.S. exports than any other country.

If the home currency begins to appreciate against other currencies, this should____________ the current account balance, other things equal (assume that substitutes are readily available inthe countries, and that the prices charged by firms remain the same)

The International Financial Corporation was established to: 

The World Bank was established to:

The International Development Association was established to 

The "J curve" effect describes:

An increase in the use of quotas is expected to:

The U.S. typically has a balance-of-trade surplus in its trade with __________

According to the text, international trade (exports plus imports combined) as a percentage of GDP is:

The direct foreign investment positions by U.S. firms have generally ________ over time; the direct foreigninvestment positions in the U.S. by non-U.S. firms have generally ______ over tim

Which of the following is the biggest target of direct foreign investment by U.S. firms? A) Mexico.B) Japan

As a result of the European Union, restrictions on exports between _______ were reduced or eliminated

Over time, international trade (exports plus imports) as a percentage of GDP has:

Which is not a concern about the North American Free Trade Agreement (NAFTA)?

Which of the following is not a commonly occurring subtle trade restriction?

The demand for U.S. exports tends to increase when

"Dumping" is used in the text to represent th