Assume That U

question 41

True/False

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 become more negative.

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Definitions:

Standard Normal

A normal distribution with a mean of zero and a standard deviation of one, serving as the basis for z-score calculations in statistics.

Telefacsimile Machine

A device, commonly known as a fax machine, used to send and receive printed documents over a telephone line.

Electronic Signals

Electrical impulses or waves used to transmit information over distances, through wires, air, or other media.

Fax Machine

A device that transmits scanned printed material (both text and images) to a telephone number connected to a printer or other output device.