Germany Has Built Up a Trade Surplus Over the Last

question 57

Multiple Choice

Germany has built up a trade surplus over the last decade. This can be attributed to _____.

• A) a strong real exchange rate
• B) high rates of inflation
• C) high wage levels
• D) a weak real exchange rate

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Definitions:

Value

The financial, tangible, or estimated value of a property, product, or service.

Intrinsic Value

The actual, inherent worth of an asset, independent of its market value, often calculated using fundamental analysis.

Call

An option contract that gives the holder the right, but not the obligation, to buy a security at a specified price within a specified time period.

Value

The worth of an asset or service, determined by factors such as market demand, utility, and costs of production.