Suppose That the United Kingdom Devalues the Pound

question 32

Multiple Choice

Suppose that the United Kingdom devalues the pound. If both exports and imports are written in terms of pounds,then the United Kingdom balance of trade ________ during a currency contract period.

• A)improves
• B)worsens
• C)is unaffected
• D)falls for a while before increasing

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Definitions:

Allele

A variation of a gene that influences an individual’s characteristics.

Genes

Biological units of heredity located in DNA, responsible for governing traits and characteristics passed from parents to offspring.

Chromosome

One of 46 rod-like molecules that contain 23 pairs of DNA found in every body cell and collectively contain all of the genes.

Rod-Shaped Structures

Physical formations or constructs that are long, slender, and cylindrical in shape.