If the US Dollar Appreciates Relative to Currencies in Other Countries, Then

question 48

Multiple Choice

If the U.S. dollar appreciates relative to currencies in other countries, then U.S. imports will _____ and exports will _____.

• A) increase; increase
• B) decrease; decrease
• C) decrease; increase
• D) increase; decrease

---

Definitions:

Payable

Refers to money that is owed by a person or company and must be paid to another party.

Obligation

A legal or moral duty to do or not do something, often with legal implications if not fulfilled.

Indorses

Refers to the act of signing the back of a financial document, thus transferring rights or ownership.

Security Funds

Financial reserves set aside to cover potential losses or liabilities, often used in contexts such as investments, insurance, and real estate.