When a Real Depreciation Occurs in the Domestic Currency,who Tends

question 11

Multiple Choice

When a real depreciation occurs in the domestic currency,who tends to be more profitable?

• A) government subsidized companies
• B) importers
• C) export competitors
• D) import competitors

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Definitions:

Restaurant

A business establishment where meals or refreshments may be purchased by consumers.

Consumer Goods

Items that are purchased for personal or household use, rather than for manufacturing or resale purposes.

Secured Creditor

A lender protected by collateral, giving them a right to seize assets if loans are not repaid.

Repossess

The act of taking back possession of property by a seller or lender from the buyer or borrower, usually due to failure to meet the terms of the sale or loan.