Under a Floating Exchange-Rate System,if American Exports Increase and American

question 82

Multiple Choice

Under a floating exchange-rate system,if American exports increase and American imports fall,the value of the dollar will:

• A) Appreciate
• B) Depreciate
• C) Be officially revalued
• D) Be officially devalued

---

Definitions:

Memorize

The process of committing something to memory or learning it by heart.

Alphabet

A set of letters or symbols in a fixed order used to represent the basic sounds of a language.

Sequence

An ordered list of numbers, objects, or events where each member is identified by its position.

Critical Thinking

Critical thinking is the analytical thought process of systematically evaluating information to reach reasonable conclusions.