How Does a Decrease in Value of a Country's Currency

question 84

Multiple Choice

How does a decrease in value of a country's currency relative to other currencies affect its balance of trade?

• A)A decrease in value of a country's currency relative to other currencies raises imports,reduces exports,and reduces the balance of trade.
• B)A decrease in value of a country's currency relative to other currencies reduces imports,raises exports,and reduces the balance of trade.
• C)A decrease in value of a country's currency relative to other currencies reduces imports,raises exports,and increases the balance of trade.
• D)A decrease in value of a country's currency relative to other currencies raises imports,reduces exports,and increases the balance of trade.

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Definitions:

Fourth Degree

Often used in the context of burns, it refers to the most severe type of burn which affects all layers of the skin and underlying tissues.

Third Degree

Pertaining to burns, it denotes the most severe type affecting all layers of the skin and possibly underlying tissues, causing significant damage.

Second Degree

Often referred to in the context of burns, it involves both the outer layer of the skin (epidermis) and the underlying layer (dermis), causing blisters and pain.

First Degree

In the context of burns, refers to the least severe type affecting only the outer layer of skin, causing redness and pain.