Anything That Increases the Demand for Foreign Goods Relative to Domestic

question 38

Multiple Choice

Anything that increases the demand for foreign goods relative to domestic goods tends to ________ the domestic currency because domestic goods will only continue to sell well if the value of the domestic currency is ________,everything else held constant.

• A)depreciate;lower
• B)depreciate;higher
• C)appreciate;lower
• D)appreciate;higher

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Definitions:

Standard Error

Standard error is a statistical term that measures the accuracy with which a sample distribution represents a population by using standard deviation.

Estimate

An approximation or educated guess based on available data or evidence.

Mean

The average of a set of values, calculated by dividing the sum of these values by their count.

Segmentation Variable

A characteristic used to divide a population or market into subsets, based on shared attributes, for targeted analysis or marketing.