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Suppose U.S. companies decided to scale back sales of jet fuel in a voluntary export reduction to Japan, a major trading partner, due to the fear of harsh tariffs. Ceteris paribus, what would be the impact on the U.S. dollar and GDP?

A

Dollar depreciation, GDP increase.

B

Dollar depreciation, GDP decrease.

C

Dollar appreciation, GDP increase.

D

Dollar appreciation, GDP decrease.

E

Dollar appreciation, GDP does not change.

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