As a Currency Depreciates

question 42

Multiple Choice

As a currency depreciates:

• A)exports increase and imports decrease.
• B)exports decrease and imports increase.
• C)exports increase and imports increase.
• D)exports decrease and imports decrease.

---

Definitions:

Multiple-Step Income Statement

A detailed income statement that separates operational revenue and expenses from non-operational ones, presenting a clear view of a company’s operational efficiency.

Income Statements

A financial statement that shows a company’s revenues, expenses, and profits or losses over a specific period.

Wholesalers

Businesses that buy goods in bulk from manufacturers or distributors and then sell them in smaller quantities to retailers or other businesses.

Retailers

Businesses that sell goods or services directly to consumers.