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If the U.S. Dollar Is Strong, What Is the Impact on Trade Between China and the United States? Imports from China to the United States

Soru

If the U.S. dollar is strong, what is the impact on trade between China and the United States? Imports from China to the United States increase. Exports from the United States to China increase. C Imports from China to the United States decrease. There is no change to the balance of trade. Question 3(Multiple Choice Worth 5 points) (03.-MC)

Çözüm

4.2 (305 Oylar)
Talip
Uzman doğrulaması
Usta · 5 yıl öğretmeni

Cevap

'Imports from China to the United States increase.'

Daha Fazla

## Step 1The problem is asking about the impact of a strong U.S. dollar on trade between China and the United States. ## Step 2A strong U.S. dollar means that the U.S. dollar has a higher value compared to other currencies. In this case, the U.S. dollar is stronger than the Chinese yuan.## Step 3When the U.S. dollar is stronger, it means that it can buy more Chinese yuan with one U.S. dollar. This makes Chinese goods cheaper for U.S. consumers.## Step 4As a result, U.S. consumers are more likely to buy Chinese goods, leading to an increase in imports from China to the United States.