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If the USDollar Goes Down Relative to a Foreign Currency,foreign Buyers Pay

question 70

True/False

If the U.S.dollar goes down relative to a foreign currency,foreign buyers pay more for American goods and services.


Definitions:

Ethylene Glycol

A colorless, odorless, sweet-tasting organic compound used as antifreeze in cooling and heating systems.

Polyesters

A category of polymers that contain the ester functional group in their main chain, widely used in fibers and plastics.

Diester

A diester is an organic compound formed when two hydroxyl groups in an acid are replaced by ester groups.

Vulcanization

A chemical process for converting natural rubber or related polymers into more durable materials via the addition of sulfur or other equivalent curatives or accelerators.

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