Question
The US Federal Reserve has announced an increase in
interest rates to combat rising inflation. This has led to an appreciation of the US dollar against other major currencies. What is the likely impact of the US dollar appreciation on the current account balance of the United States?Solution
When the US dollar appreciates, US exports become more expensive for foreign buyers, and imports become cheaper for US consumers. This leads to a decrease in exports and an increase in imports, worsening the current account balance.
Agrobacterium is widely used for gene transfer because
Which of the following is a hybrid of basmati quality rice?
What is the standard deviation used for in statistics?
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Silver thiosulphate is commonly use to
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The Indian seed act was passed in the year
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Transfer  of  heat  energy  from  the  sun  to  the  moon  takes  place  by
