An Appreciation in the Value of the Dollar Would

question 88

Multiple Choice

An appreciation in the value of the dollar would

• A) make U.S. goods less expensive to foreigners.
• B) encourage U.S. consumers to buy more foreign goods.
• C) increase the number of dollars that could be purchased with a Mexican peso.
• D) discourage U.S. consumers from traveling abroad.

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Definitions:

Army Hitch

Slang for a period of enlistment or service in the army.

Void

A legal term indicating that an agreement or contract has no legal force or effect and is unenforceable.

Consideration

In legal terms, it refers to something of value that is exchanged between parties in a contract, making the agreement legally binding.

Breach of Contract

A situation where one or more parties involved in a contract fail to fulfil their legal obligations as outlined in that contract.