If the Dollar Were to Increase Relative to the Currencies

question 154

Short Answer

If the dollar were to increase relative to the currencies of our major trading partners,our trade deficit would tend to _____________.

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Definitions:

Californians

Refers to the residents or natives of California, a state in the western United States.

Critical Thinking

The process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach an answer or conclusion.

Newport Beach

A coastal city in Orange County, California, known for its large, boat-filled harbor, beaches, and upscale residential areas.

Emotional Reasoning

A cognitive process where a person concludes that their emotional reaction reflects the way things really are, despite contrary empirical evidence.