Which of the Following Could Result from a Balance-Of-Trade Deficit

question 23

Multiple Choice

Which of the following could result from a balance-of-trade deficit?

• A)The value of the dollar increases,so Americans can buy more goods from other countries for the same amount of money.
• B)The value of the dollar declines,so Americans have to pay more for goods from other nations.
• C)The value of the dollar increases,making American products cheaper abroad,thereby increasing our exports.
• D)The value of the dollar declines,which makes American products more expensive abroad,thereby decreasing our exports.

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Definitions:

Acceptance

The act of receiving or recognizing something as valid or correct, often related to self or others.

Chain Migration

A social process by which immigrants from a particular town or region follow others from that area to a specific destination, creating a chain of migration from the same place.

Narcissistic

Pertaining to a personality trait or disorder characterized by an excessive preoccupation with oneself and a lack of empathy for others.

Attachments

Emotional bonds between individuals, such as those between parents and children, that play a crucial role in personal development.