The Nice Thing About Foreign Exchange Markets Is That the Goods

question 94

Multiple Choice

The nice thing about foreign exchange markets is that the goods are money, and they are paid for with money. This means that if the U.S. dollar ____ the Japanese yen ____.

• A) goes down; goes down
• B) goes up; goes up
• C) buys more yen; buys more dollars
• D) buys fewer yen; buys fewer dollars
• E) buys more yen; buys fewer dollars

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Definitions:

Career Stability

The extent to which an individual's career possesses continuity and security over time, often associated with long-term employment in a single organization or industry.

Inhumane

Lacking in compassion or empathy; cruel or barbaric acts that disregard the suffering of others.

Environment

The surrounding conditions in which an organism, organization, or system operates, including natural, social, and built contexts.

Neoliberalism

An economic and political ideology that emphasizes free-market capitalism, deregulation, and a reduction in government spending.