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Author Question: When a country's currency is weak, the price of its ________. A) exports and imports on world ... (Read 145 times)

ap345

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on: Jul 7, 2018
When a country's currency is weak, the price of its ________.
 
  A) exports and imports on world markets declines
  B) exports and imports on world markets increases
  C) exports on world markets declines and the price of its imports increases
  D) exports on world markets increases and the price of its imports declines

Question 2

Which of the following is the intentional lowering of a currency's value by its government?
 
  A) revaluation
  B) devaluation
  C) currency hedging
  D) currency arbitrage

Question 3

A company selling in a country with a strong currency while sourcing from a country with a weak currency ________.
 
  A) practices unethical conduct
  B) experiences a trade deficit
  C) ends up bankrupt
  D) improves its profits


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Edwyer

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Reply #1 on: Jul 7, 2018
Answer to Question 1

C

Answer to Question 2

I appreciate you answering this question. Great community

Answer to Question 3

D


ap345

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Reply #2 on: Jul 7, 2018
TY


Edwyer

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Reply #3 on: Jul 7, 2018
Happy to Help


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