If the United States Wants to Increase Its Net Exports

question 53

Multiple Choice

If the United States wants to increase its net exports in the short term, it might take steps to

• A)increase its GDP.
• B)reduce existing tariffs and import quotas.
• C)appreciate the dollar compared to foreign currencies.
• D)depreciate the dollar compared to foreign currencies.

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Definitions:

Republican Party

A major political party in the United States, typically associated with conservative and right-leaning policies, emphasizing limited government and individual freedoms.

Mexican War

A conflict between the United States and Mexico from 1846 to 1848, resulting in the U.S. acquiring territories in what is now the southwestern part of the country.

Federal Government

The national government of a federal country, which typically has authority over national matters, while sharing power with state or provincial governments.

Appeal of the Independent Democrats

A historic document or statement made by Independent Democrats, often in the context of expressing dissent or advocating for particular democratic values or policies.