If the US Dollar Appreciates Relative to Currencies in Other Countries, Then

question 48

Multiple Choice

If the U.S. dollar appreciates relative to currencies in other countries, then U.S. imports will _____ and exports will _____.

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

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Definitions:

Exchange Relationship

Interaction between two parties involving the provision of goods, services, or sentiments in return for something of value.

LMX

Leadership-Member Exchange, a theory focusing on the dyadic relationships between leaders and followers, influencing many outcomes in the organizational context.

Social Exchange Theory

A theoretical framework suggesting that social behavior is the result of an exchange process aiming to maximize benefits and minimize costs.

LMX Differentiation

The degree to which leaders in the Leader-Member Exchange (LMX) theory develop different quality relationships with different subordinates.