There Is Resistance to Exchange Rate Fluctuations Because Changes in the Value

question 92

Multiple Choice

There is resistance to exchange rate fluctuations because changes in the value of a currency are likely to cause all of the following except

• A)Uncertainty for people who invest in world markets.
• B)The return to a worldwide gold standard.
• C)A change in the price of exports.

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Definitions:

Seromucous Gland

A gland that produces both serous fluid (a watery solution) and mucous (a thicker, protective secretion).

Diaphragm

A large, dome-shaped muscle located at the base of the lungs that plays a key role in breathing.

Alveoli

Tiny air sacs within the lungs where the exchange of oxygen and carbon dioxide takes place.