If the United States Reduces Its Tariffs on the Import

question 88

Multiple Choice

If the United States reduces its tariffs on the import of natural gas, then

• A) the dollar's exchange value depreciates.
• B) the dollar's exchange value appreciates.
• C) natural gas becomes more expensive for Americans.
• D) natural gas prices do not change for Americans.

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Definitions:

Response Time

The duration between when a request is made and when the response is received.

Facilities

Physical locations like factories, warehouses, and distribution centers involved in the production, storage, and distribution of goods in a supply chain.

Online Retailer

A business that sells goods or services over the internet directly to consumers.

Bricks And Mortar

Traditional physical retail stores, as opposed to online or virtual stores.