There Is Resistance to Exchange Rate Fluctuations Because Changes in the Value

question 85

Multiple Choice

There is resistance to exchange rate fluctuations because changes in the value of a currency are likely to cause all of the following except

• A)Uncertainty for people who invest in world markets.
• B)The return to a worldwide gold standard.
• C)A change in the price of exports.
• D)A change in the price of imports.

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Definitions:

Poverty

A socio-economic condition characterized by a lack of financial resources and access to basic needs necessary for living.

Economic Pressures

Economic pressures refer to the various financial strains and stresses that individuals, families, businesses, and governments face due to factors such as inflation, unemployment, and high costs of living.

Nonwhite Families

Families that do not identify as white and may experience different social, economic, and political realities due to racial and ethnic identity, often facing systemic barriers and discrimination.

Repatriations

The process of returning a person or a group of people to their home country or place of origin, often used in the context of returning cultural artifacts or compensating exploited individuals or communities.