True or False for the first 2 questions?

1. U.S exports create a demand for foreign currencies


2. Foreign imports of U.S goods create a supply of foreign currencies


3. Explain


4. Would a decline In U.S consumer income or a weakening of U.S preferences for foreign products cause the dollar to appreciate or depreciate?


5. Oter things equal, what would be the effects of that depreciation or appreciation on U.S exports and imports?True or False for the first 2 questions?
1) That creates a demand for US currency, because the people buying the exports need to pay us in US dollars.





2) True. Because of the inverse of #1





As for the last two, It has been a while since i took macro-econ, and i don't want to tell you the wrong thing.

If Denied STafford Loan