Use the Following Figures to Answer the Question Below

question 38

Multiple Choice

Use the following figures to answer the question below.


Based on the data in the figures, which of the following statements are correct?
I. Area 1 would be considered a desert because of its high average temperature.
II. Area 1 has more average precipitation than Area 2.
III.Area 2 would be considered a desert because of its low average precipitation.
IV.Area 2 has a larger annual temperature variation.

• A) only I and III
• B) only II and IV
• C) only I, II, and IV
• D) only II, III, and IV

Assess the effects of currency depreciation and appreciation on trade balances.

Understand the components and significance of the balance of payments accounts.

Examine how currency valuation affects international investment flows and trade balances.

Understand the transition from the U.S. being a creditor nation to becoming a debtor nation and its implications.