When the Dollar Depreciates Relative to Foreign Currencies

question 42

Multiple Choice

When the dollar depreciates relative to foreign currencies,

• A)a trade deficit results.
• B)U.S. exports and imports become more expensive.
• C)U.S. exports become cheaper and U.S. imports become more expensive.
• D)the United States experiences a balance of payments deficit.

---

Definitions:

Terminated

The process of ending an employee's contract with an organization, which can be voluntary or involuntary.

Pension Plans

Financial programs that provide income to individuals during retirement, funded by employers, employees, or both.

Full-Time Employees

Individuals who are contracted to work a minimum number of hours specified by their employer, typically 30 to 40 hours a week.

Healthcare Spending Accounts

A savings account that allows employees to set aside pre-tax dollars to pay for eligible healthcare expenses.