If the Exchange Rate Makes Foreign Goods ________ Expensive,demand Will

question 33

Multiple Choice

If the exchange rate makes foreign goods ________ expensive,demand will increase and imports are likely to ________.

• A) less; fall
• B) less: rise
• C) more; fall
• D) more; rise

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Definitions:

Vice President

The official second in command to the president, who may take over the presidency if the current president is unable to continue in office.

Midterm Election

Elections held midway through the term of the sitting president, where a significant number of legislative seats and other positions are contested.

Presidential Election

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