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11.In 2021, BMW was the leading luxury car brand in the United States, recording sales of over 336,600 units. It was fol

Posted: Thu May 19, 2022 10:08 am
by answerhappygod
11.In 2021, BMW was the leading luxury car brand in the United
States, recording sales of over 336,600 units. It was followed
closely by Tesla, with sales of over 313,400 vehicles. This year,
BMW factories in Germany are expected to start producing the iX5
Hydrogen-powered car. According to the predictions of the
Mundell–Fleming model with floating exchange rates, a shift in
preferences by American consumers from domestic produced cars (such
as Tesla) to foreign-produced cars (such as iX5 produced in
Germany) would lead to _________________
no change in income or net exports, but the dollar would
depreciate.
a fall in income and net exports, and an apprecitation of the US
dollar.
a fall in income but no change in net exports, but the US dollar
would appreciate
no change in income but a fall in net exports, but the US dollar
would appreciate