Other Things Equal, Under a Floating Exchange Rate System, If

question 119

Multiple Choice

Other things equal, under a floating exchange rate system, if the U.S.dollar depreciates against the Swiss franc

• A) American exports to Switzerland will be cheaper in francs.
• B) American exports to Switzerland will be more expensive in francs.
• C) American imports from Switzerland will be cheaper in dollars.
• D) None of these are correct.

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Definitions:

Status Enforcement

The actions taken to maintain social hierarchies or class distinctions within a group or society.

Dramaturgy

A sociological perspective developed by Erving Goffman that compares social interaction to the theater, where individuals present themselves in ways they hope will be accepted by others.

Workplace Efficiency

The measure of how effectively and productively resources are utilized to achieve organizational goals with minimal waste.

Authority

The authority or ability to issue commands, make choices, and ensure compliance.