If a Nation's Currency Depreciates, This Will Tend to

question 85

Multiple Choice

If a nation's currency depreciates, this will tend to

• A)shift a nation's balance of trade toward a deficit.
• B)cause a deficit in the government's budget (expenditures - revenues).
• C)make foreign goods more expensive for the nation's citizens.
• D)make foreign goods cheaper for the nation's citizens.

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Definitions:

Sustainability

The practice of meeting current needs without compromising the ability of future generations to meet their own needs, often focusing on environmental, social, and economic balance.

United Nations

An international organization founded in 1945 to promote peace, security, and cooperation among countries.

Our Common Future

A report published by the World Commission on Environment and Development in 1987, defining sustainable development and emphasizing the need for global cooperation to ensure environmental protection and economic growth.

Sustainable Marketing

A marketing approach that seeks to meet the needs of the present without compromising the ability of future generations, focusing on environmental, social, and ethical considerations.