The Figure Given Below Depicts the Foreign Exchange Market for British

question 65

Multiple Choice

The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2

-When the U.S. dollar depreciates in relation to the Swiss franc:

• A)a U.S. importer will need more dollars to pay for an invoice denominated in Swiss francs.
• B)a Swiss exporter will receive more Swiss francs for an invoice denominated in the exporter's currency.
• C)Swiss imports of U.S. goods will fall.
• D)the Swiss franc is now worth less in terms of the U.S. dollar.
• E)a U.S. exporter will receive fewer dollars for an invoice denominated in Swiss francs.

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Definitions:

Superego

In Freudian psychoanalytic theory, the part of the personality responsible for moral standards and ideals, arising from the internalization of societal and parental values.

Biological Gratification

The fulfillment of biological needs that is essential for the survival and well-being of an organism.

Dos and Don'ts

A list of recommended actions and practices to follow, and those to avoid, in a particular context.

Superiority

Superiority refers to the quality of being higher in status, quality, or importance compared to others.