How Does a Decrease in Value of a Country's Currency

question 84

Multiple Choice

How does a decrease in value of a country's currency relative to other currencies affect its balance of trade?

• A)A decrease in value of a country's currency relative to other currencies raises imports,reduces exports,and reduces the balance of trade.
• B)A decrease in value of a country's currency relative to other currencies reduces imports,raises exports,and reduces the balance of trade.
• C)A decrease in value of a country's currency relative to other currencies reduces imports,raises exports,and increases the balance of trade.
• D)A decrease in value of a country's currency relative to other currencies raises imports,reduces exports,and increases the balance of trade.

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Definitions:

Modifying Behavior

Techniques and strategies used to change undesirable behaviors into more positive actions through various forms of reinforcement or punishment.

Normal People

Individuals who exhibit typical or expected patterns of behavior and thought according to societal standards and norms.

Characterized By

Distinguished or marked by specific features, attributes, or traits.

Lack Of Freedom

A state in which an individual or group is restricted in their ability to make choices or act independently.