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:

Interpersonal Space

The physical distance maintained between individuals in social interactions, influenced by cultural norms and personal preferences.

Body Posture

The way in which an individual holds their body while standing, sitting, or lying down, which can communicate nonverbal cues or affect physical health.

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The medium through which information is transmitted from one person or entity to another, such as email, telephone, or face-to-face conversations.

Feedback

Information provided about reactions to a product, a person's performance of a task, etc., used as a basis for improvement.