If the US Exchange Rate Increases Relative to Currencies in Other Countries

question 152

Multiple Choice

If the U.S. exchange rate increases relative to currencies in other countries, then

• A) imports and exports of the United States will both increase.
• B) imports and exports of the United States will both decrease.
• C) imports of the United States will decrease and exports of the United States will increase.
• D) imports of the United States will increase and exports of the United States will decrease.

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Definitions:

Save Face

Actions taken to preserve one's reputation or dignity in the face of embarrassing or compromising situations.

Discredited

Lacking credibility or not being accepted as valid or true.

Outcome

The result or effect of an action, situation, or event, which can be anticipated or measured.

Passing

The ability of a person to be regarded as a member of an identity group or category different from their own, especially in contexts of gender, race, social class, etc.