States May Manipulate the Price of Their Currency Downward in Order

question 38

Multiple Choice

States may manipulate the price of their currency downward in order to

• A) increase their trade deficit.
• B) encourage emigration.
• C) boost their trade surplus.
• D) import more foreign goods.

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Definitions:

Fundamental Right

A basic human right recognized by a legal system that is protected from governmental infringement.

Substantive Due Process

A legal doctrine that protects certain fundamental rights from government interference, asserting that laws infringing on these rights must be justified by a compelling interest.

Broad Language

The use of words in a statute, contract, or any legal document that are open to interpretation due to their general, unspecific nature.

National Powers

These are the powers that a sovereign state holds, including legislative, executive, and judicial powers to govern within its territory.