A Weak Dollar Would Pose a Potential Problem for Germany

question 73

Multiple Choice

A weak dollar would pose a potential problem for Germany and Japan because it:

• A)made German and Japanese goods more expensive to Americans.
• B)made German and Japanese goods less expensive to Americans.
• C)worsened inflation for Japan and Germany.
• D)made goods imported by Germany and Japan more expensive.

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Definitions:

Price Controls

Government-imposed limits on the prices that can be charged for goods and services in a market.

Skyrocketing Inflation

A situation where there is an extremely rapid and uncontrolled increase in the prices of goods and services in an economy.

Major Unions

Major Unions refers to large and influential labor unions that represent significant numbers of workers across various sectors, advocating for workers' rights, fair wages, and safe working conditions.

African-American Vote

The participation of African-American citizens in the electoral process, which was significantly impacted by the Voting Rights Act of 1965, removing barriers to voting.