a-What effect will a rise in the value of the $ have on the American terms of trade? b-Explain why a rise in the value of the $ may be accomplished by deterioration in TOT?c-Discuss what effect a fall in export revenue will have on National Income?d-Why may there be a time lag between changes in output and unemployment?e-Discuss two reasons other than a change in the currency for a rise in expenditure on imports. *

a-What effect will a rise in the value of the $ have on the American t

1.	a-What effect will a rise in the value of the $ have on the American terms of trade? b-Explain why a rise in the value of the $ may be accomplished by deterioration in TOT?c-Discuss what effect a fall in export revenue will have on National Income?d-Why may there be a time lag between changes in output and unemployment?e-Discuss two reasons other than a change in the currency for a rise in expenditure on imports. *
Answer» INTERNATIONAL TRADE allows countries to expand markets for both goods and services that otherwise may not have been available to it. ... It is the REASON why an American consumer can pick between a Japanese, German, or American car.Explanation:make me ás BRILLIANT