Foreign Exchange Rate Stability Is Important Because a Decline in the Value

question 25

Multiple Choice

Foreign exchange rate stability is important because a decline in the value of the domestic currency will ________ the inflation rate,and an increase in the value of the domestic currency makes domestic industries ________ competitive with competing foreign industries.

• A)increase;more
• B)increase;less
• C)decrease;more
• D)decrease;less

---

Definitions:

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone, and the highest level of Maslow's hierarchy of needs.

Personal

Relating to or affecting a particular person as opposed to anyone else; individual or private in nature.

Social

Pertaining to society or its organization; denotes the interaction of individuals within a community or groups.

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment.