An Increase in Demand for a Nation's Currency in the Foreign

question 84

Multiple Choice

An increase in demand for a nation's currency in the foreign exchange market will:

• A) cause the nation's currency to appreciate.
• B) make it more expensive for the nation to import goods.
• C) cause the nation's balance on its current account to shift toward a surplus.
• D) make it less expensive for foreigners to buy the nation's goods.

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Definitions:

Disciplined

Showing a controlled form of behavior or way of working, often achieved through training or practice.

Extended Family

An extended family network that encompasses not just the immediate family members like parents and children but also includes grandparents, aunts, uncles, and various other related individuals.

Matrilineal

Children trace their family descent through their mother’s line, and property is passed on to female heirs.

Surrogate Fathers

Men who take on the role of a father figure in the life of a child who is not biologically theirs.