An Increase in the Value of the U

question 5

Multiple Choice

An increase in the value of the U.S. dollar relative to foreign currencies would lead to

• A)an increase in U.S. exports and a decrease in U.S. imports
• B)a decrease in U.S. exports and an increase in U.S. imports
• C)an increase in both U.S. imports and U.S. exports
• D)a decrease in both U.S. exports and U.S. imports
• E)no change in exports and an increase in U.S. imports

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Definitions:

Normative Need

Refers to what is considered a standard or essential requirement in a society to ensure the well-being and functioning of its members.

Drinking Water

Water that is safe for human consumption, free from contaminants and harmful bacteria.

Water Resources

The natural sources of water available for human use, including lakes, rivers, aquifers, and rainwater, crucial for survival, agriculture, and industry.

Social Justice

Social justice is the concept of fair and just relations between the individual and society, measured by the distribution of wealth, opportunities for personal activity, and social privileges.