When a Country's Currency Is Devalued, This ____ the Cost

question 52

Multiple Choice

When a country's currency is devalued, this ____ the cost of foreign goods and ____ the cost of domestic goods to foreign firms.

• A) increases; decreases
• B) reduces; reduces
• C) decreases; increases
• D) neutralizes; raises
• E) neutralizes; decreases

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Definitions:

Phonological Loop

A component of working memory model involving the temporary storage and manipulation of verbal and auditory information.

Working Memory

An intellectual system with finite capabilities, tasked with holding data temporarily to facilitate processing.

Coding

The form in which information is mentally or internally represented.

Recall

The ability to access and retrieve information from memory without the presence of the original stimulus for that memory.