When the Value of the Dollar Rises Against Foreign Currencies

question 263

Multiple Choice

When the value of the dollar rises against foreign currencies, exports _____ and imports _____.

• A) rise; rise
• B) rise; fall
• C) fall; rise
• D) fall; fall

---

Definitions:

Persuading

The process of convincing someone to do or believe something through reasoning or the use of emotion.

Stereotypes

Stereotypes are oversimplified generalizations about groups of people that can lead to assumptions and biases.

Distinct Differences

Clear and noticeable variations or disparities between things or entities.

Groupthink

A psychological phenomenon that occurs within a group of people in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.