Other Things Being Equal, Which of the Following Is a Necessary

question 193

Multiple Choice

Other things being equal, which of the following is a necessary consequence of a depreciation of the U.S. dollar against other currencies?

• A) The terms of trade will move in favor of the United States.
• B) The United States will experience an increase in the volume of imports.
• C) International speculators will buy U.S. dollars and sell other currencies.
• D) U.S. exports will become cheaper relative to other nations' products.

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Definitions:

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body.

Somatic Nervous System

A part of the peripheral nervous system that handles voluntary control of body movements through the control of skeletal muscles.

Endocrine System

A network of glands in the body that produce hormones, which regulate metabolism, growth and development, tissue function, sexual function, reproduction, sleep, and mood, among other things.

Bug Crawling

The sensation or perception of insects moving over one's skin, often without any physical cause.