Net Exports Are __________ Related to the Exchange Rate

question 7

Multiple Choice

Net exports are __________ related to the exchange rate.

• A)(positively) directly
• B)weakly
• C)not
• D)inversely

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Definitions:

Equilibrium

A state in which supply and demand are balanced, resulting in stable prices.

Supply And Demand

A fundamental economic concept that describes how prices vary based on the balance between the quantity of a good or service provided and the quantity consumers wish to purchase.

Union Workers

Individuals employed in various industries who are members of a labor union, an organization that advocates for workers' rights and benefits.

Collective Bargaining

The process by which unions and firms agree on the terms of employment