If the US Exchange Rate Increases Relative to Currencies in Other Countries

question 152

Multiple Choice

If the U.S. exchange rate increases relative to currencies in other countries, then

• A) imports and exports of the United States will both increase.
• B) imports and exports of the United States will both decrease.
• C) imports of the United States will decrease and exports of the United States will increase.
• D) imports of the United States will increase and exports of the United States will decrease.

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Definitions:

Hardware

The physical components and devices that make up a computer system or other electronic systems, including processors, memory modules, disks, and peripheral devices.

Strategic Advantage

A favorable position a company holds against its competitors, often through differentiation, cost leadership, or niche focus, contributing to business success.

Stores Information

Systems or services that are designed to save and manage data, such as databases or cloud storage solutions.

Brief Periods

refer to short spans of time, usually of a specific and limited duration.