The Strength of the Dollar Is a Measure of the Ability

question 58

Multiple Choice

The strength of the dollar is a measure of the ability of the dollar to purchase foreign currency in international money. A strong dollar translates into

• A) increase costs of imported goods to consumers
• B) makes it easier to sell goods abroad
• C) decreases the costs of American goods exported to other countries
• D) greater purchasing power for the American dollar
• E) none of the above

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Definitions:

Indirect-Order Message

Communication that presents its main idea or conclusion after providing all necessary background or supporting information.

Expert Opinion

An assessment or judgment made by someone with extensive knowledge or expertise in a particular area.

Closing Message

The final part of a communication that summarizes the main points or objective, often with a call to action or conclusion.

Refusal

The act of declining to accept, agree to, or comply with something.