Which of the Following Changes Would Cause American Net Exports

question 12

Multiple Choice

Which of the following changes would cause American net exports to decrease?

• A)A decrease in the real value of the dollar
• B)A decrease in American income
• C)An increase in foreign income
• D)A shift in demand by American consumers away from domestically produced goods

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Definitions:

Cash Payments

Transactions in which payment is made in the form of cash instead of credit.

Internal Control Objectives

Aims to ensure the accuracy and reliability of financial reports, compliance with laws and regulations, and the effectiveness and efficiency of operations.

Financial Reports

Documents that present an organization's financial performance and position, typically including balance sheets, income statements, and cash flow statements.

Compliance

Refers to the act of following and adhering to rules, regulations, standards, or laws.