Which of the Following Groups Benefits from Weak Domestic Currency

question 37

Multiple Choice

Which of the following groups benefits from weak domestic currency values?

• A)Consumers
• B)Exporting industries
• C)Non-tradable industries
• D)No one benefits from weak currency values.

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Definitions:

Cross-Border Trade

International trade involving the exchange of goods, services, and capital across national borders.

Cross-Border Trade

The exchange of goods or services between individuals, companies, or governments from different countries.

Mexican Business Environment

The economic, cultural, and regulatory context within which businesses operate in Mexico.

Common Currency

A system where a single form of money is used across multiple countries, facilitating easier trade and financial transactions.