Which of the Following Is True

question 216

Multiple Choice

Which of the following is true?

• A)If the Australian dollar depreciates, the Australian trade deficit decreases, since Australian products become cheaper to foreigners.
• B)If the Australian dollar depreciates, the Australian trade deficit decreases, since Australian products become more expensive to foreigners.
• C)If the Australian dollar depreciates, the Australian trade deficit increases, since Australian products become more expensive to foreigners.
• D)If the Australian dollar appreciates, the Australian trade deficit decreases, since Australian products become cheaper to foreigners.
• E)If the Australian dollar appreciates, the Australian trade deficit decreases, since Australian products become more expensive to foreigners.

---

Definitions:

Reelected

The act of being elected again for a position or role, typically referring to political offices where incumbents may run for multiple terms.

Republican Policies

Policies promoted by the Republican Party, often emphasizing smaller government, lower taxes, free market capitalism, a strong national defense, and conservative social values.

Israeli-Palestinian Peace Treaty

A highly sought-after, but yet unrealized agreement intended to bring about peace between the state of Israel and the Palestinian territories through the resolution of major conflicts and disputes.

Bill Clinton

The 42nd President of the United States, serving from 1993 to 2001, known for significant economic growth and the promotion of free trade agreements such as NAFTA.