If the Dollar Appreciates Relative to Other Currencies, Which of the Following

question 87

Multiple Choice

If the dollar appreciates relative to other currencies, which of the following is true?

• A)It takes more foreign currency to buy a dollar.
• B)It takes more dollars to buy a foreign currency.
• C)U.S.exports will increase.
• D)Foreign purchases of U.S.goods will increase.

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Definitions:

Defame

To damage someone's reputation, name, or character through false and malicious statements.

Guarantee

A formal pledge to ensure the fulfillment of a contract or the performance of an obligation, sometimes by providing a replacement or repair in case of default.

Restraint of Trade

Limitations or restrictions on individuals' or companies' business conduct aimed at promoting fair competition and reducing monopolistic practices.

Employment Contract

A formal agreement between an employer and an employee outlining the terms, conditions, duties, and responsibilities of the employment relationship.