An Increase in the Real Exchange Rate

question 74

Multiple Choice

An increase in the real exchange rate

• A) makes imports more expensive.
• B) makes imports less expensive.
• C) does not affect import values.
• D) always makes the number of imports rise.
• E) makes domestic consumers spend more on only foreign imports.

---

Definitions:

Subordinate Ratings

Evaluations of a superior's performance or qualities made by individuals who report directly to them, often used in 360-degree feedback mechanisms.

Supportive And Fair

A leadership approach characterized by providing encouragement, resources, and equitable treatment to all members of an organization.

Exchange Relationship

A social relationship based on reciprocal actions where each party provides something of value to the other.

Role Clarity

The extent to which individual roles and responsibilities within an organization or group are clearly defined and understood.