The Supply Curve of British Pounds Slopes Upward Because as the Dollar

question 156

Multiple Choice

The supply curve of British pounds slopes upward because as the dollar _____ American goods become ______ for the British.Therefore, the British purchase ______ American goods, and the quantity of pounds supplied increases.

• A) depreciates against the pound; less expensive; more
• B) depreciates against the pound; more expensive; less
• C) appreciates against the pound; more expensive; more
• D) appreciates against the pound; less expensive; less

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Definitions:

Drop-Shipping

A retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer.

Carbon Footprint

The total amount of greenhouse gases, including carbon dioxide and methane, that are emitted by our actions, directly or indirectly.

Corporate Social Responsibility

The practice of businesses integrating ethical, environmental, social, and economic concerns into their operations and decision-making process.

Corporate Social Responsibility

A business model whereby companies integrate social and environmental concerns in their operations and interactions with stakeholders.