​Assume Countries A, B, and C Produce Goods That Are

question 70

Multiple Choice

​Assume Countries A, B, and C produce goods that are substitutes of each other and that these countries engage in trade with each other. Assume that Country A's currency floats against Country B's currency, and that Country C's currency is pegged to B's. If A's currency depreciates against B, then A's exports to C should ____, and A's imports from C should ____.

• A) ​decrease; increase
• B) ​decrease; decrease
• C) ​increase; decrease
• D) ​increase; increase

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Definitions:

Wi-Fi Networks

Wireless networks that use radio waves to connect internet-enabled devices to the internet or each other without physical cables.

Biometrics

The process of quantifying and statistically examining the distinct physical and behavioral traits of individuals, employed for the purposes of identification and managing access.

Two Factor Authentication

A security process in which users provide two different authentication factors to verify themselves, enhancing the security of account access.

Social Media Sites

Online platforms where users can create, share, or exchange information and ideas in virtual communities and networks.