Question

Question 1:

Part 1. When the US dollar appreciated against other global currencies which one of the following happened as the dollar got stronger:

A. US economy became more competitive with the rest of the world

B. It weakened the Japanese auto industry as more US cars were sold in Japan

C. It injured the US textile industry, and helped drive it overseas

D. It provided an improvement in the US balance of trade

Part 2. Which one of the following is not expected to be a result of lowering interest rates?

A. stronger economies

B. weaker economies

C. higher inflation

D. more employment

Answer 1

Part 1.

C. It injured the US textile industry, and helped drive it overseas (is the answer for part 1)

the above is answer because high value of US dollar will make US textile industry exports costlier resulting in decline in overseas sales

Part 2

B. weaker economies (is the answer for part 2)

because lower interest rate positively impact economy through higher investment as well as consumption

the above is answer..