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Author Question: One reason a country might choose to manipulate their currency to make it cheaper is A) a ... (Read 67 times)

P68T

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on: Sep 3, 2018
One reason a country might choose to manipulate their currency to make it cheaper is
 
  A) a devalued currency means domestic consumers can buy more from abroad.
  B) cheaper currency would boost exports and economic growth.
  C) it would please lenders at the International Monetary Fund.
  D) making one's currency cheaper increases its role as a reserve currency.
  E) such a move would increase interest payments on debt.

Question 2

According to the textbook, one major development that has spurred economic globalization is
 
  A) increasing average life expectancies.
  B) larger tariffs between states.
  C) more member states in the United Nations.
  D) speedier transportation of goods.
  E) the adoption of the Euro currency by the World Bank.


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tjayeee

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Reply #1 on: Sep 3, 2018
Answer to Question 1

B

Answer to Question 2

D


P68T

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Reply #2 on: Sep 3, 2018
TY


tjayeee

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Reply #3 on: Sep 3, 2018
You're welcome


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