Assume That U

question 22

Multiple Choice

Assume that U.S.imports are contracted in foreign currency and the U.S.exports are
Contracted in domestic currency.If the dollar is devalued,then the balance of trade will:

• A) Become more negative
• B) Become more positive
• C) Stay the same
• D) Not possible to answer with the given information

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Definitions:

Cleavage

The tendency of a mineral to break along flat planar surfaces as determined by the structure of its crystal lattice.

Foliation

A feature of metamorphic rocks where mineral grains are arranged in planes or bands, giving the rock a layered appearance.

Joints

Natural fractures or separations in rocks along which there has been no significant movement parallel to the surfaces of the fracture.

Anticline

A type of fold that is arch-like and has its oldest rocks at its core, formed by the compression and bending of Earth's crust.