Which of the Following Will Happen If Country A's Currency

question 69

Multiple Choice

Which of the following will happen if country A's currency declines in value against other major currencies?

• A)Country A's trade deficit will increase.
• B)Country A's trade deficit will be unaffected.
• C)Country A's trade deficit will decrease.
• D)Country A's products will become more expensive in foreign markets.
• E)Foreign goods will become cheaper in country A.

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Definitions:

Emotional Appeal

Emotional appeal is a persuasive technique that attempts to generate an emotional response, rather than a rational argument, to influence an audience's attitudes or actions.

Psychological Reactance

A reaction against perceived attempts to limit one's freedom or autonomy, often resulting in a desire to regain that freedom.

Psychological Description

Description of a product or service in terms of audience benefits.

Factual Appeal

A persuasive strategy that uses facts, statistics, and objective information to influence the audience's opinion.