If One Country Is Hit with a Shock That Increases

question 20

Multiple Choice

If one country is hit with a shock that increases the value of its currency and causes its net exports to decline and the net exports and income of other countries to rise, then the business cycle is being transmitted internationally through _____effect.

• A)a trade
• B)an interest-rate
• C)an exchange-rate
• D)an expected-inflation

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Definitions:

Smell

The sense that detects odors or scents, mediated by specialized sensory cells in the nasal cavity.

Taste Qualities

The five recognized sensations experienced when tasting: sweet, sour, bitter, salty, and umami.

Oscilloscope

An electronic instrument used to visualize and measure varying signal voltages, typically represented as waveforms on a screen.

Sound Waves

Vibrations that travel through air or another medium and can be heard when they reach an ear or a similar sensory mechanism.